Computerised toll plazas on all highways by April 2014
At a panel discussion on next-generation tolling and corridor management, organised by Feedback Infrastructure, road transport minister CP Joshi announced the deadline. “We have recently incorporated a company called Indian Highways Management Company Limited (IHMCL), for implementation of nation-wide electronic toll collection (ETC). The government of India is also amending the Central Motor Vehicle Rules, 1989, for fitment of RFID tag on vehicles by the automobile manufacturers,” Joshi said.
Joshi also added that implementation of ETC will not only make traveling convenient but will also have a lot of other benefits. “With the implementation of ETC, we will see a lot of changes happening in the way projects are bid. Computerisation of tolling will also give a clear and transparent picture on tolls,” he said.
Around 50 per cent of the firm will be owned by companies in the sector. Another 25 per cent will be owned by financial institutions and the rest will be owned by the National Highways Authority of India (NHAI). “We have given more representation to private players in the company. In fact, this is their company and the government’s job is only of a facilitator. Almost all large companies have shown interest in this venture...,” said JN Singh, chairman of IHMCL and member (finance) of NHAI. The company has
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