+
NHAI Invites Bids for Bank-Managed Tolling
ROADS & HIGHWAYS

NHAI Invites Bids for Bank-Managed Tolling

The National Highways Authority of India (NHAI) has initiated the process to implement the country’s first bank-led toll collection system. This pioneering approach invites banks to participate in the toll management process across India’s national highways, aiming to streamline toll collection, enhance transparency, and reduce revenue leakage. The new model seeks to replace traditional operators with bank-managed toll operations, which is expected to improve operational efficiency and integrate digital payment solutions more effectively.

The move aligns with NHAI's goal to modernize tolling infrastructure, offering a smoother experience for commuters and reducing the need for cash transactions at toll plazas. It leverages India's existing FASTag system while providing banks an opportunity to engage directly in tolling operations, which may bring innovation in managing toll collections and customer service. As part of the initiative, NHAI will evaluate banks on their ability to manage tolling infrastructure, collect fees, and ensure quick, reliable toll processing.

With this development, NHAI anticipates a reduction in traffic congestion and enhanced compliance in toll payments, benefiting millions of highway users across India. The initiative also represents a push towards digital financial solutions in public infrastructure.

The National Highways Authority of India (NHAI) has initiated the process to implement the country’s first bank-led toll collection system. This pioneering approach invites banks to participate in the toll management process across India’s national highways, aiming to streamline toll collection, enhance transparency, and reduce revenue leakage. The new model seeks to replace traditional operators with bank-managed toll operations, which is expected to improve operational efficiency and integrate digital payment solutions more effectively. The move aligns with NHAI's goal to modernize tolling infrastructure, offering a smoother experience for commuters and reducing the need for cash transactions at toll plazas. It leverages India's existing FASTag system while providing banks an opportunity to engage directly in tolling operations, which may bring innovation in managing toll collections and customer service. As part of the initiative, NHAI will evaluate banks on their ability to manage tolling infrastructure, collect fees, and ensure quick, reliable toll processing. With this development, NHAI anticipates a reduction in traffic congestion and enhanced compliance in toll payments, benefiting millions of highway users across India. The initiative also represents a push towards digital financial solutions in public infrastructure.

Next Story
Real Estate

Shriram Properties Launches ‘Codename: The One’ in Bengaluru

Shriram Properties (SPL), a leading real estate developer focused on the mid-market and mid-premium segments, has announced the launch of its latest residential project under the banner “Codename: The One” in Bengaluru’s Electronic City corridor. This feature-rich gated community will offer 340 spacious 2- and 3-BHK residences, with a total saleable area of approximately 5 lakh square feet and an estimated revenue potential of over Rs 3.5 billion. The project is expected to be developed over a span of more than three years.  Strategically located near the Bommasandra Metro stat..

Next Story
Resources

India Warehousing Show 2025 Closes with Strong Global Presence

The 14th edition of the India Warehousing Show (IWS) 2025 concluded successfully at Yashobhoomi (IICC), Dwarka, drawing participation from over 300 exhibitors across 15 countries and welcoming 15,000+ visitors. Recognised as India’s leading platform for warehousing and logistics excellence, IWS 2025 offered a comprehensive display of cutting-edge automation, sustainable warehousing solutions, and next-gen supply chain technologies. The show was inaugurated by Shri Pankaj Kumar, Joint Secretary – Logistics, DPIIT, Ministry of Commerce and Industry, Government of India. In his opening a..

Next Story
Equipment

MHIET Launches 450kW Gas Cogeneration System with H₂ Co-Firing

Mitsubishi Heavy Industries Engine & Turbocharger (MHIET), part of the Mitsubishi Heavy Industries Group, has launched a new 450kW gas cogeneration system, the SGP M450, jointly developed with Toho Gas Co.,. The system supports hydrogen co-firing at up to 15 vol per cent, with no loss in performance or reliability.  The system is currently available in the Japanese market, and has been developed from the existing GS6R2 city gas engine platform. Key modifications were made to the fuel gas and engine control systems to enable hydrogen co-firing.   Verified through de..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?