NHBF urges compensation for toll concessionaires
ROADS & HIGHWAYS

NHBF urges compensation for toll concessionaires

The National Highway Builders Federation (NHBF) has fervently called for compensation to be extended to concessionaires in light of the deferred toll revision. NHBF, a significant voice in the realm of highway infrastructure, emphasised the adverse impact the postponement has inflicted upon concessionaires who had prepared for the anticipated revision.

The demand for compensation arises from the fact that concessionaires had structured their financial projections and operational strategies based on the expectation of revised toll rates. However, the postponement of the revision has thrown a wrench into their plans, resulting in financial repercussions.

The NHBF highlighted that concessionaires have made substantial investments in highway projects, including maintenance and upgradation activities, anticipating a corresponding return on their investments. The delayed toll revision has disrupted this equilibrium, posing financial challenges for the concessionaires.

Moreover, the NHBF underscored the need for a fair and equitable resolution to mitigate the losses incurred by concessionaires due to circumstances beyond their control. They argue that compensation would not only alleviate the immediate financial strain but also foster confidence among stakeholders in the highway infrastructure sector.

The call for compensation by NHBF underscores the complexities involved in managing infrastructure projects and the importance of ensuring a conducive environment for private sector participation. It also sheds light on the ripple effects of policy decisions on various stakeholders within the infrastructure ecosystem.

In essence, NHBF's demand for compensation reflects the pressing need to address the challenges faced by concessionaires and uphold the principles of fairness and accountability in the management of infrastructure projects.

The National Highway Builders Federation (NHBF) has fervently called for compensation to be extended to concessionaires in light of the deferred toll revision. NHBF, a significant voice in the realm of highway infrastructure, emphasised the adverse impact the postponement has inflicted upon concessionaires who had prepared for the anticipated revision. The demand for compensation arises from the fact that concessionaires had structured their financial projections and operational strategies based on the expectation of revised toll rates. However, the postponement of the revision has thrown a wrench into their plans, resulting in financial repercussions. The NHBF highlighted that concessionaires have made substantial investments in highway projects, including maintenance and upgradation activities, anticipating a corresponding return on their investments. The delayed toll revision has disrupted this equilibrium, posing financial challenges for the concessionaires. Moreover, the NHBF underscored the need for a fair and equitable resolution to mitigate the losses incurred by concessionaires due to circumstances beyond their control. They argue that compensation would not only alleviate the immediate financial strain but also foster confidence among stakeholders in the highway infrastructure sector. The call for compensation by NHBF underscores the complexities involved in managing infrastructure projects and the importance of ensuring a conducive environment for private sector participation. It also sheds light on the ripple effects of policy decisions on various stakeholders within the infrastructure ecosystem. In essence, NHBF's demand for compensation reflects the pressing need to address the challenges faced by concessionaires and uphold the principles of fairness and accountability in the management of infrastructure projects.

Next Story
Resources

Ajmera Realty launches tree drive on Environment Day

Ajmera Realty & Infra India marked World Environment Day with a large-scale tree plantation initiative—Plant-with-Purpose—across its projects in Mumbai and Bangalore. The drive was inaugurated at Ajmera Manhattan and Ajmera Greenfinity in Wadala, with senior company officials and residents in attendance. The campaign encourages residents to embrace eco-conscious, self-reliant lifestyles by growing useful plants and trees within their communities. Horticulture expert Devendra Bhekar guided residents on creating and maintaining green spaces. Ajmera Realty planted over 500 trees..

Next Story
Resources

Twaron®-reinforced tyre powers Brunel’s solar race car

Teijin Aramid’s Twaron® with circular content will debut in Bridgestone’s race tyres for the 2025 Bridgestone World Solar Challenge, supporting the Brunel Solar Team’s Nuna 13 car. This marks the first use of the recycled-content aramid in a high-performance race tyre. The Twaron®-reinforced belts help enhance durability, reduce rolling resistance, and maintain lightweight strength—critical for the 3,000-km solar race across Australia. Bridgestone combines this with ENLITENTM tech and other recycled inputs to maximise environmental and performance outcomes. Teijin Aramid, a..

Next Story
Building Material

Kamdhenu Paints launches new wood coating range

Kamdhenu Paints has launched a comprehensive premium wood coating range designed for both interior and exterior applications. The collection includes high-performance solutions like Kamwood 2K PU for a rich matt or high-gloss finish, Kamwood 1K PU for clarity and stain protection, and the Kamwood Melamyne system for a smooth, durable finish. Also featured are Kamwood Wood Stains, which enhance wood grains with vibrant colour, and NC Sanding Sealer for high-build grain filling. The range is supported by Kamwood Thinners for ease of application and optimal finish. Saurabh Agarwal, MD, ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?