NHAI Ensures Smooth FASTag Payments

21 Feb 2025 CW Team

The National Highways Authority of India (NHAI) has assured that highway users will not face disruptions due to the new FASTag transaction norms introduced by the National Payments Corporation of India (NPCI).

The NPCI’s circular, effective from February 17, aims to prevent delayed transactions caused by inactive FASTags at toll plazas. According to NHAI, this move will ensure that payments are settled in real time, reducing customer inconvenience.

"The circular has been issued by NPCI to facilitate resolution of disputes between acquirer bank and issuer bank on FASTag status while vehicle crosses toll plazas," NHAI stated.

All National Highway toll plazas operate on ICD 2.5 protocol, which provides real-time tag status, allowing users to recharge their FASTags anytime before crossing a toll booth. However, some state highway tolls still run on the older ICD 2.4 protocol, requiring periodic updates. NHAI plans to upgrade these toll plazas soon.

To avoid payment delays, FASTag users are encouraged to link their wallets to UPI, current, or savings accounts with auto-recharge enabled. Customers can also recharge via UPI, net banking, and other digital payment methods before reaching the toll plaza.

Real Estate

05 Sep 2025

Vitizen Hotels Signs Deal at Manyata Tech Park

Vikram Kamats Hospitality, as part of its ongoing expansion in key metropolitan markets, announced that its material subsidiary, Vitizen Hotels, has signed a long-term lease agreement for a 45-key hotel property at Manyata Tech Park, Bengaluru.Strategically located in the city’s prominent IT hub, the property is well-positioned to serve corporate travelers, business professionals, and long-stay guests. The addition aligns with the company’s asset-light growth model, leveraging long-term leases to expand its footprint in high-demand urban markets.The hotel is expected to strengthen the comp..

CONCOR Signs MoU with BPIPL to Operate Container Terminal at Bhavnagar Port

Container Corporation of India (CONCOR) has signed a Memorandum of Understanding (MoU) with Bhavnagar Port Infrastructure (BPIPL) on September 4, 2025, in New Delhi to operate and maintain the upcoming container terminal at the northside of Bhavnagar Port, Gujarat.BPIPL had earlier entered into an agreement with the Gujarat Maritime Board (GMB) in September 2024 for the port’s development. Under this arrangement, 235 hectares of land has been leased to BPIPL for 30 years, with provision for expansion by an additional 250 hectares.The new terminal is expected to significantly enhance logistic..

Concord Launches India’s First Indigenous Zero-Emission Rail Propulsion

Concord Control Systems (CCSL), a leader in embedded electronics and critical rail technologies, has announced the development of India’s first fully indigenous zero-emission propulsion system, marking a significant step toward the country’s railway electrification and net-zero goals for 2030.Powered by Lithium Iron Phosphate (LFP) batteries and featuring a DC chopper-based drive, the propulsion system eliminates idling losses common in diesel engines, offering higher efficiency, lower costs, and zero emissions.What sets this innovation apart is its completely indigenous design. Except for..