NHAI daily toll collection through FASTag reaches record Rs 104 cr
Team Udayavani, Feb 26, 2021, 8:38 PM IST
New Delhi: National Highways Authority of India (NHAI) on Friday said its daily toll collection through FASTag has reached about Rs 104 crore.
Following the mandatory payment of user fee through FASTag at the toll plazas from February 16, 2021, toll collection through FASTag has seen consistent growth, it said.
“The toll collection during this week has been more than Rs 100 crore daily. On 25.02.2021, the toll collection through FASTag reached the highest ever mark of Rs 103.94 crore with over 64.5 lakh daily transactions,” NHAI said in a statement.
The smooth implementation of FASTag has witnessed growth of 20 per cent in terms of electronic toll collection transactions and 27 per cent in terms of collection of user fee through FASTag, it said.
NHAI said the FASTag drive has been well supported by the highway users as approximately 20 lakh new FASTag users have been added during last two weeks, taking total FASTag issuance to 2.8 crore.
FASTag implementation has also reduced the waiting time at National Highways Fee Plazas significantly, resulting in enhanced user experience.
The statement said not only the constant growth and adoption of FASTag by the highway users is encouraging but also it will help to bring more efficiency in toll operations.
This will enable correct valuation of road asset in the future and will encourage more investors to invest in the Highway infrastructure of the country.
Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.
Top News
Related Articles More
ISRO releases ISSAR 2023 report on vulnerability of space assets to collisions
No CM can remain absent for long, it’s against national interest: Delhi HC on Kejriwal
Court convicts four accused, acquits 10 in 2015 Malvani hooch tragedy
ICG apprehends Indian fishing boat with 173 kg of narcotics; two crew members detained
Ahead of phase 3 polls, Congress and BJP spar in MP over quotas, Muslim appeasement
MUST WATCH
Latest Additions
ISRO releases ISSAR 2023 report on vulnerability of space assets to collisions
Hunasagi: MLA Bairati Basavaraj’s car overturned
No CM can remain absent for long, it’s against national interest: Delhi HC on Kejriwal
Cricket for the Blind: A Transformative Journey Empowering Visually Impaired Athletes
China lifts restrictions, gives all clear nod for Tesla cars as Musk lobbies hard in surprise visit to Beijing