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HIGHWAY TOLL REVENUE
IRB Infrastructure shares rally 8% as August toll revenue surges 25% YoY to Rs 807 croreShares of IRB Infrastructure Developers surged up to 8% after the company reported a 25% YoY rise in toll revenue to Rs 807 crore in August...- Stocks in news: Reliance Industries, Wipro, ICICI Bank, Coal India and Hindustan ZincIndian equity markets experienced a decline on Wednesday, extending their recent corrective phase. Several companies, including Reliance In...
- Can a right to collect toll become taxable payment? The GST questionA Supreme Court case questions whether a government-granted right to collect tolls constitutes non-monetary payment for highway constructio...
- National Highway builders bat for BOT annuity model to avoid zero-bid scenarioThe National Highways Builders Federation said the current BOT (toll) model exposes private developers to an unacceptably high level of ris...
- Road ministry revises model concession agreement for BOT projectsSome of the key provisions introduced in the revised model concession agreement (MCA) include the buyback option, revenue support to conces...
- Cabinet approves GOBARdhan biogas scheme, Guwahati-Tezpur highway worth Rs 32,701 crore combinedThe Union Cabinet approved two significant projects totaling over Rs 32,000 crore. The GOBARdhan scheme aims to boost biogas production nat...
- Government says 629 national highway projects behind scheduleMany national highway projects are delayed beyond their original completion schedules. Over 100 contractors faced blacklisting for poor qua...
- Cube Highways Trust InvIT subscription opens today. Here are key details for investorsCube Highways Trust InvIT opens its Rs 5,000-crore public issue today at a price band of Rs 151–152 per unit. The infrastructure trust offe...
- India's toll collection growth slows sharply in April-June quarter despite Rs 21,547 crore revenueIndia's toll collections saw a modest increase in the April-June quarter. However, the pace of growth slowed significantly as toll transact...
- Two major rule changes being mulled for highway toll system, many commuters could soon gain bigThe Ministry of Road Transport has proposed toll exemptions for National Highways with fewer than four lanes, awaiting finance ministry app...
- Meet Bharthana, the little-known Gujarat village that has India's top toll plaza with ₹400 crore annual collectionBharthana village in Gujarat's NH-48 Vadodara-Bharuch toll plaza generates the highest revenue in India, with ?400 crore annually. Toll col...
- Toll mopup may top Rs 70,000 cr in 2024India's toll collection in 2024 may exceed ₹70,000 crore as daily collections grow due to new toll plazas and increased economic activity. ...
- 22-km highway stretch to Bengaluru airport is also South India’s highest toll grosserBengaluru's Sadahalli airport toll plaza topped South India's toll revenue charts in 2023-24, collecting Rs 308 crore. Nationally, it ranke...
- After proposing no tolls for poor highways, Nitin Gadkari asks officials to work on passes for carsUnion Road Transport Minister Nitin Gadkari has proposed the introduction of monthly or annual passes for cars on the National Highway netw...
- GNSS-based toll collection to add Rs 10,000 crore to India’s toll revenue: Nitin GadkariSpeaking at the international workshop on GNSS-based electronic toll collection in India, union minister for road transport and highways Ni...
- Road developers to incur Rs 3,700 cr toll revenue losses in Mar-Jun: CrisilCrisil said the extended lockdown to contain the COVID-19 pandemic, which has stalled traffic on the ground as in the air, is expected to h...
- FASTags effect: Wait time at toll gates up 2 mins, NH earnings rise by 15%While officials admitted that there were reports of congestion at nearly 40-45 toll plazas out of the total 530 plazas, “Tolltimezero”, an ...
- Elections make Roads Ministry change plan to toll two-lane highwaysWith parliamentary elections slated for 2014, the Centre has changed its plan to toll all two-lane highways across the country.
- NHAI to auction toll plazas to pvt partiesPutting its act together to generate more revenues to push the investment in highway development , the National Highways Authority of India...
- NHAI suffers Rs 1,550 cr loss per annum on toll accountThe National Highways Authority of India's (NHAI) failure to put under toll completed stretches of highways has cost the exchequer over Rs ...
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