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Toll Collection
Union minister Nitin Gadkari on Thursday said the current system of toll collection will come to an end within a year and an electronic system will take its place, ensuring a seamless experience for highway users. The new system has been rolled out in 10 places and will be extended across the country within a year, the Union Minister of Road Transport and Highways said in Lok Sabha during Question Hour. "This toll system will end. There will be no one to stop you in the name of toll. Within a year, an electronic toll collection will be implemented across the country," he said. Gadkari also said that currently 4,500 highway projects worth Rs 10 lakh crore are ongoing across the country. According to an official statement recently released, the National Payments Corporation of India (NPCI) has developed the National Electronic Toll Collection (NETC) program, a unified, interoperable platform for electronic toll payments, to streamline toll collection across India's highways. At the
Uttar Pradesh topped the list of states that reported high revenue collection through toll on National Highways in the April-February period of financial year 2024-25, Parliament was informed on Wednesday. Union Road Transport and Highways minister Nitin Gadkari in a written reply to Rajya Sabha said the government collected highest toll on National Highways crossing Uttar Pradesh at Rs 7,060 crore, followed by Rajasthan at Rs 5,967.13 crore and Maharashtra at Rs 5,115.38 crore up to February 2025. Gadkari further noted that the government has also decided to implement barrier free Electronic Toll Collection (ETC) System with available technology and use of existing fee plaza infrastructure at selected sections of National Highways. According to him, the government is committed to address various issues pertaining to the levy of user fee and to enhance operational efficiency and promote convenience of the road users at the user fee plaza including the introduction of an Annual Pass
IRB Infrastructure has posted a 21 per cent rise in its toll revenue to Rs 539.6 crore in October. Revenues from the toll collection business stood at Rs 447.8 crore a year ago, IRB said in an exchange filing on Thursday. Of its 17 tolls, IRB MP Expressway in Maharashtra contributed the major share of Rs 142.6 crore to the total revenue collection, followed by IRB Ahmedabad Vadodara Super Express Tollway, which contributed Rs 66.2 crore, it said. The company collected Rs 32.7 crore in toll revenue from CG Tollway (Chittorgarh to Gulabpura NH 79). "Following a good first half in FY25, the third quarter has begun on a strong footing, marked by robust toll collection growth in October 2023. We expect this positive trend to continue, driven by the festive season and increased holiday travel," Amitabh Murarka, Deputy CEO of IRB Infrastructure, said. IRB is India's first integrated infrastructure player in the highways segment. It is the country's largest integrated private toll roads a
IRB Infrastructure on Tuesday posted a 19 per cent year-on rise in its toll revenue to Rs 502 crore in September. Revenues from the toll collection business stood at Rs 421 crore in the same month last year, IRB said in an exchange filing. Out of its 17 tolls, IRB MP Expressway in Maharashtra contributed the major share of Rs 136.8 crore to the total revenue collection, followed by IRB Ahmedabad Vadodara Super Express Tollway, which contributed Rs 58.4 crore, it said. Amitabh Murarka, Deputy Chief Executive Officer of IRB Infrastructure Developers Limited, said, "Our toll revenue has demonstrated resilience despite severe rains in some of the regions. As we look ahead to the festive season, we are optimistic about sustaining the growth, driven by increased travel and economic activities". IRB is India's first integrated infrastructure player in the highways segment. It is the largest integrated private toll roads and highways infrastructure developer in India with an asset base of