Jio Payments Bank Wins Key MLFF Toll Contract
ECONOMY & POLICY

Jio Payments Bank Wins Key MLFF Toll Contract

Jio Financial Services announced on Monday (October 13, 2025) that its subsidiary, Jio Payments Bank Ltd (JPBL), has won a contract to implement the FASTag Automatic Number Plate Recognition (ANPR)-based Multi-Lane Free Flow (MLFF) toll collection system at two toll plazas—Shahjahanpur and Manoharpura—on the Gurugram–Jaipur corridor.

With this development, JPBL has entered the next generation of tolling services for MLFF road projects. The MLFF system, an advanced form of electronic toll collection, enables vehicles to pay tolls seamlessly without slowing down or stopping, removing the need for traditional toll booths.

According to Jio Financial Services, the two toll plazas were part of a tender floated by the Indian Highways Management Company Ltd (IHMCL) under India’s pilot MLFF initiative. Out of five MLFF bids awarded so far, JPBL has secured two, underscoring its growing presence in digital infrastructure and payments.

The company highlighted that this contract marks a major milestone for JPBL, building upon its earlier success in FASTag-based toll processing operations, which began in July 2025. JPBL currently manages toll operations at 11 plazas across various highway stretches as an acquirer bank.

By adding these two MLFF road projects, JPBL has strengthened its position in India’s expanding digital tolling and infrastructure payments landscape.

Vinod Easwaran, Managing Director and CEO of Jio Payments Bank, said, “Our expansion into the tolling ecosystem is a natural progression of our mission to digitise everyday payments and build smart financial infrastructure at scale. By leveraging our group’s digital capabilities, we are preparing to play a key role in India’s evolving mobility ecosystem.”

Jio Financial Services announced on Monday (October 13, 2025) that its subsidiary, Jio Payments Bank Ltd (JPBL), has won a contract to implement the FASTag Automatic Number Plate Recognition (ANPR)-based Multi-Lane Free Flow (MLFF) toll collection system at two toll plazas—Shahjahanpur and Manoharpura—on the Gurugram–Jaipur corridor. With this development, JPBL has entered the next generation of tolling services for MLFF road projects. The MLFF system, an advanced form of electronic toll collection, enables vehicles to pay tolls seamlessly without slowing down or stopping, removing the need for traditional toll booths. According to Jio Financial Services, the two toll plazas were part of a tender floated by the Indian Highways Management Company Ltd (IHMCL) under India’s pilot MLFF initiative. Out of five MLFF bids awarded so far, JPBL has secured two, underscoring its growing presence in digital infrastructure and payments. The company highlighted that this contract marks a major milestone for JPBL, building upon its earlier success in FASTag-based toll processing operations, which began in July 2025. JPBL currently manages toll operations at 11 plazas across various highway stretches as an acquirer bank. By adding these two MLFF road projects, JPBL has strengthened its position in India’s expanding digital tolling and infrastructure payments landscape. Vinod Easwaran, Managing Director and CEO of Jio Payments Bank, said, “Our expansion into the tolling ecosystem is a natural progression of our mission to digitise everyday payments and build smart financial infrastructure at scale. By leveraging our group’s digital capabilities, we are preparing to play a key role in India’s evolving mobility ecosystem.”

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code