R-Infra begins toll collection in Hosur highway

To avoid delay in earning toll revenues, Reliance Infrastructure is eyeing highway projects that involve expansion. It recently began toll collection on the Hosur-Krishnagiri highway connecting Bengaluru to Chennai, where the lanes have to be expanded from four to six. While the company has just begun construction, it has already started collecting toll for the four lanes under operation. With the National Highways Authority of India planning to put 30 such projects for bidding under the fifth phase of the National Highways Development Programme, Reliance Infra is eyeing more business in this segment. Currently developing 11 road projects worth around Rs 12,000 crore, it is eyeing an eight to 10 per cent market share in the sector. Contact: R-Infra.Website: www.rinfra.com