Toll

New York Gov. Kathy Hochul is considering ways to revive a program that would have charged drivers a new USD 15 toll to enter certain Manhattan neighbourhoods before President-elect Donald Trump takes office and can block it. In the days since Trump's election, Hochul and her staff have been reaching out to state lawmakers to gauge support for resuscitating the plan known as congestion pricing with a lower price tag, according to two people familiar with the outreach. The people spoke to The Associated Press on condition of anonymity because they were revealing private conversations. Hochul, a Democrat, hit the brakes on the plan just weeks before it was set to launch this summer, even with all the infrastructure already in place. She said at the time she was worried it would cost motorists too much money, but it was also widely seen as a political move to help Democrats in closely watched congressional races in the city's suburbs. The fee would have come on top of the already ..

State-owned NHAI will track around 100 toll plazas with GIS-based software for seamless movement of traffic at national highways, an official statement said on Monday. According to the statement, these toll plazas have been identified based on congestion feedback received through 1,033 national highway helpline. The live monitoring and tracking system will provide congestion alerts and lane distribution recommendations when the queue of vehicles at a toll plaza is more than the prescribed limit, it added. The monitoring service will be extended to more toll plazas in a phased manner. Apart from providing the name and location of the toll plaza, the statement said the software will share details related to the live status of queue length in meters, total waiting time and vehicle speed at toll plaza. It will also provide congestion alert and lane distribution recommendation, if the queue of vehicles at a toll plaza is more than the prescribed limit, the statement added. In addition

State-owned NHAI has invited expressions of interest (EoIs) from around the world for implementation of GNSS-based (satellite-based) electronic toll collection to provide seamless and barrier-free tolling experience on National Highways users, an official statement said on Friday. The move is aimed at putting an end to physical toll booth on highways. "To provide seamless and barrier-free tolling experience to National Highway users and enhance efficiency and transparency of toll operations,Indian Highways Management Company Limited (IHMCL), a company promoted by NHAI has invited Global Expression of Interest (EOI) from innovative and qualified companies to develop and implement GNSS-based electronic toll collection system in India," the statement said. NHAI plans to implement the GNSS-based electronic toll collection (ETC) system within the existing FASTag ecosystem, initially using a hybrid model where both RFID-based ETC and GNSS-based ETC will operate simultaneously, the stateme

IRB Infrastructure Trust, an associate of IRB Infrastructure Ltd, on Monday said its special purpose vehicles have made an upfront payment of Rs 6,111 crore to National Highways Authority of India (NHAI) for toll operate transfer projects. The SPVs made an upfront payment of the concession fee of Rs 6,111 crore to the NHAI (TOT12 - Rs 4,428 crore, TOT 13 - Rs 1,683 crore) and subsequently received the appointed dates from NHAI for both projects, IRB Infrastructure said in a statement. "The SPVs of IRB Infrastructure Trust (Associate of IRB Infra) ... ,Viz. IRB Lalitpur Lakhnadon Tollway Pvt. Ltd representing TOT 12 project, IRB Kota Tollway Pvt Ltd. and IRB Gwalior Tollway Pvt. Ltd. representing TOT 13 bundle, have started tolling w.e.f. the 00.00 Hrs. on 1st April 2024," it added. IRB Infra Chairman & Managing Director Virendra D Mhaiskar said following an exhilarating FY24, it is immensely thrilling to continue that momentum into FY25. Successful funding of two TOT projects ...

National Highways Authority of India (NHAI) on Monday said it has issued Standard Operating Procedures (SOPs) to safeguard commuters and toll operators, reduce incidents of altercations and strengthen security at toll plazas. According to an official statement, the detailed SOPs include guidelines for NHAI field offices to ensure strict implementation and adherence by toll-collecting agencies to manage staff and road users. According to the SOPs, NHAI field offices will ensure that the toll collecting agency performs their duties following guidelines. The toll collecting agency will ensure that staff at toll plazas wear the prescribed NHAI uniform with a name badge, the statement said, adding that any anticipated incident of violence should only be handled by toll plaza manager/lane supervisors, who will wear body cameras to record such instances. In case of unruly behaviour by a commuter, the lane supervisor shall intervene and try to resolve the issue amicably, the statement ...

IRB Infrastructure Developers Ltd (IRB) on Monday said its revenue from toll collection grew by 18 per cent to Rs 1,183 crore in the first quarter of this financial year. Toll collection stood at Rs 1,000 crore in April-June quarter of preceding 2022-23, IRB said in a statement. "IRB and its private InvIT, namely IRB Infrastructure Trust, have registered a toll revenue growth of 16 per cent in the month of June 2023. Toll revenue growth for Q1FY24 for both entities was 18 per cent over the toll revenue in corresponding quarter of FY23," it said. In June 2023, the company recorded Rs 383-crore toll revenue, higher from Rs 329 crore in June 2022. Amitabh Murarka, Deputy Chief Executive Officer of IRB Infrastructure Developers Limited said, "First quarter of FY24 looks much positive as an upward trend seen in aggregate toll revenue as compared to corresponding quarter of last fiscal. We expect similar momentum for the rest of FY24." IRB has a track record of constructing, tolling, ..

Credit rating agency Icra on Monday said the inflation-linked toll hike should be relatively modest at 2-5 per cent in FY24 as compared to 8.7-14.6 per cent last fiscal

For those looking to explore alternative routes, Google Maps will continue to provide the option of a toll-free route, where available, alongside options with tolls.

India's toll roads are likely to witness a 14-15 per cent growth in collections in FY22: report

Says issuer banks were unilaterally mandating threshold amount value in addition to security deposit, due to which users were held up at toll plaza in spite of having sufficient balance

Constructed by Sher Shah Suri in the 16th century, the original road over the years extended right up to Kabul in Afghanistan (in the west) and Chittagong in Bangladesh (in the east).

Govt had earlier decided to accept the withdrawn notes at toll plazas till Nov 11 midnight but that led to chaos

EICI is an apex logistics body which guards common interests of domestic logistics-express industry

Earlier in the day, the Ministry of Road Transport had permitted acceptance of Rs 500 and Rs 1000 denomination notes at the toll plazas

However, the passengers will have to pay the toll tax on eight national highways that pass through the state

Decision not to affect toll booths on national highways as they are out of state purview