Page 3 - Toll Collection

Paytm Payments Bank leads cashless toll market with six million FASTags

Has now enabled cashless toll payments across 250 plazas in the country

ICRA maintains stable outlook for road sector amid improved toll collection

Toll collections witnessed a marked improvement on the back of increased movement of both passenger and commercial vehicles

Toll collection likely to grow 15% in 2021-22: Ratings agency Icra

Icra maintained stable outlook for the Indian road sector

User fee collection through FASTag crosses Rs 80 cr per day: NHAI

The National Highways Authority of India (NHAI) on Friday said the electronic toll collection through FASTag has crossed Rs 80 crore a day with record 50 lakh transactions per day.

India will become 'toll plaza free' in next two years: Nitin Gadkari

The central government has finalised GPS-based toll collection to ensure seamless movement of vehicles across the country

Recovery in toll collections, order flows driving IRB Infra's prospects

Construction segment too may pick up in second half, but high debt still a concern

Toll collection on recovery path as Gadkari looks at higher share of PPP

The minister says as many as 80% projects can be done on PPP mode. Currently, half the national highway projects awarded by his ministry are on this basis

Policies should be set keeping in mind everyone is in trouble, says Gadkari

By removing the export turnover, these units will export more and the country will benefit. This will also boost employment, Nitin Gadkari said

NHAI extension in concession time for BOT toll projects is pointless: Icra

It does not compensate for loss in net present value terms for most Build-Operate-Transfer toll projects, says agency

Toll collection likely to decline 17% if lockdown extended, says CRISIL

Toll collection has restarted since, but there is unlikely to be a V-shaped revival in traffic after the lockdown ends - probably - on May 17. There will only be a gradual return to normalcy

Lockdown impact: Digital transactions nosedive in April, shows NPCI data

The value of IMPS (Immediate Payment Service) transactions in April fell to about Rs 1.21 trillion in April, from about Rs 2.02 trillion in March

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

Toll collection period in contracts to be extended to compensate operators

India Ratings and Research says the lockdowns would hit infrastructure construction and revenue growth of the implementing companies

FASTag: Norms for 65 high cash transaction toll plazas relaxed for 30 days

These 65 plazas are located Pan-India including Uttar Pradesh, Gujarat, Rajasthan, Punjab, Chandigarh and Andhra Pradesh

NHAI records highest daily toll collection as FASTag sales double in Dec

FASTags-based toll collection system has been rolled out across over 527 national highways

FASTags to help NHAI bring transparency, check underreporting of collection

One is not sure if the transition to a cashless system will leave scope for investigation on previously under reported toll.

Cabinet authorises NHAI to set up InvIT to monetise national highways

IRB Infrastructure Developers was the first private company in the sector to come out with an INvIT

Fact-checking FASTag: Will device really help commuters, toll collection?

From December 15, 2019 FASTag will be mandatory. If FASTag is missing from your vehicle, the driver will have to pay double the toll tax

Paying cash in FASTag lanes won't invite penalty till December 15

The date has been extended by 15 days to give people more time to enable their vehicles with FASTag

Link your FASTag to a prepaid card, not a savings or current account

Since FASTag is mandatory, it's better to understand its risks; linking it to your savings will lead to balance being deducted from your bank account