By 2024, toll settlement amount could exceed 70,000 rupees

NEW DELHI: India’s toll collection could cross Rs 70,000 crore in 2024, government data says, with average daily toll collection topping on the back of addition of new toll plazas and increased economic activity. continues to increase.Electronic toll collection for the nearly 12 months ended December 22 stood at Rs 68,037.6 million, an increase of 9.2 per cent compared to the year-ago figure. The average daily collection in 2024 was Rs 191.14 crore as against Rs 170.66 crore last year.

A senior government official told ET that the annual toll collection has increased with the addition of new toll plazas this year, streamlining and boosting logistics activities to support increased consumption.

“The government aims to provide seamless travel on highways and is adding toll roads for this purpose,” the official said. “This will ensure road travelers save travel time and travel costs while generating more revenue.”

In FY24, India added 94 toll plazas, taking the number to 933 as of April 1, 2024. The number of toll plazas added in the first eight months of fiscal year 2025 (April 1 to November 30, 2024) was 70. The length of toll roads in the country increased from 42,595 km on April 1, 2023 to 46,884 km in April. 4,289km was added by January 1, 2024, and the paid extension added by November 30 of this year was 3,059.6km.

Jagannarayan Padmanabhan said, “Toll collection continues to show strong momentum in the second half of the year, partly due to the impact of the Christmas season. Also, new toll plazas have been added in recent years, contributing to the increase in Delta tolls. “There is,” he said. said Global Head of Consulting, Crisil Market Intelligence and Analytics. “This positive momentum is expected to continue in the next quarter.” India has 1,040 toll plazas across the country, of which 1,003 are operated by the National Highways Authority of India, which falls under the Ministry of Road Transport and Highways. is under the control of .