Toll collection via FASTags on national highways increased 21% m-o-m in June

crore toll was collected and Rs 3,086 crore in March.”>In Could, toll assortment declined 23.47% to Rs 2,125 crore over the earlier month. In April Rs 2,777 crore toll was collected and Rs 3,086 crore in March.

Toll assortment by means of FASTags on nationwide highways elevated by 21% month-on-month (m-o-m) in June to Rs 2,576 crore as site visitors motion eased following the partial lifting of lockdown and restrictions imposed by a number of states to include the unfold of the coronavirus.

In Could, toll assortment declined 23.47% to Rs 2,125 crore over the earlier month. In April Rs 2,777 crore toll was collected and Rs 3,086 crore in March.

Round 96% of the toll is at the moment collected by means of the digital route utilizing FASTag.

“With a fall within the variety of Covid instances from the third week of Could 2021, states are anticipated to loosen up the lockdown restrictions in a gradual method. We count on the toll collections to ramp up from June onward,” Icra’s vice chairman Rajeshwar Burla had earlier mentioned.

He added that regardless of hitting a velocity breaker within the type of the second wave of Covid-19, toll highway tasks are anticipated to witness low teen income progress in FY22 on the again of a low base and inflation-linked improve in toll charges.

Toll assortment within the nationwide highways stood at Rs 26,851 crore in 2019-20 as towards Rs 24,396 crore a 12 months earlier.