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Little relief for tolling firms as collection may drop 60% post lockdown

Even though the non-political force majeure will be invoked it will not cover the decline in traffic volumes, say experts

Little relief for tolling firms as collection may drop 60% post lockdown
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There is expected to be 60 per cent drop in toll revenues till May 3, he said.

Megha Manchanda New Delhi
Resumption of toll at the national highways on April 20 may bring some respite to tolling companies, which are reeling under financial stress due to suspension of the levy. However, experts say that overall toll collection at the plazas will decline by 60 per cent.

Since coronavirus is a pandemic, it falls under the category of non-political force majeure where the compensation is much lower or negligible. 

"The traffic will be lower than normal and will be borne by tolling companies. Even though the non-political force majeure will be invoked it will not cover the decline in traffic volumes," said