Latest Updates Around The World
This move aims to develop a fully digital toll ecosystem and consolidate the gains made in electronic toll collection. | Photo credit: Shanker Chakravarty The National Highways Authority of India (NHAI) is considering discontinuing cash transactions at National Highway fee plazas across the country from April 1, 2026, proposing that all toll payments be processed […]
NEW DELHI: In a major relief to car owners, NHAI has decided to discontinue the Know Your Vehicle (KYV) process for FASTag, which will be applicable against such vehicles from February 1. For existing FASTags, KYV will no longer be mandatory as a routine requirement. “KYV is required only in specific cases where complaints are […]
The six-lane greenfield project corridor aims to improve travel efficiency and is expected to reduce travel time by 17 hours and reduce travel distance by 201 km. The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, has approved construction of a 6-lane greenfield access-controlled Nashik-Solapur-Akkalkot corridor in Maharashtra in BOT mode (toll […]
MUMBAI: National Asset Reconstruction Co (NARCL) has submitted a bid to assume the debt of Kurukshetra Expressway, a stressed road company with outstanding debt of around Rs 1,500 crore, for around Rs 345 crore, people familiar with the matter told ET.“NARCL has submitted the first bid,” said a source aware of the bidding process. “When […]
Markets regulator Sebi has given in-principle approval to the registration of ‘Raajmarg Infra Investment Trust’ (RIIT) as an Infrastructure Investment Trust (InvIT) and will get the final nod after it meets specific requirements in the next six months, an official statement said on Friday.As part of the process to secure final registration, RIIT will have […]
With the launch of this scheme, the government wants to further reduce congestion in tolcabins and promote a more trouble -free experience for commuters on the highway. The government has announced a new schedule to make toll payments even more convenient for owners of private vehicles. From August 15, 2025, the Ministry of Road Transport […]
In an attempt to improve the efficiency of Tolplein and to prepare for upcoming digital tolupgrades, the National Highways Authority of India (NHAI) has announced a stricter policy for black list of ‘loose fastags’ – that are not applied to vehicle windows.The Nhai said that the move is crucial to guarantee the authenticity of fastags […]
