NHAI's annual pass could reduce cost of travel on highways for private vehicles
Virender Sambyal, Regional Officer, NHAI, Chennai, said that it would be applicable only to private cars, jeeps, and vans. 'At toll plazas on expressways, State Highways managed by State governments or local bodies, and parking lots and malls, the regular Fastag will continue to operate,' he said.
'The annual pass, which will come into force on August 15, can be activated only through the Rajmargyatra mobile app or on the NHAI website. It will be activated on the existing Fastag ID,' he said. Each time a vehicle crosses a toll plaza, it will be counted as one trip. For example, if a person takes a private vehicle from Chennai to Tiruchi, it will be counted as seven trips, as there are seven toll plazas on that stretch. A round trip would be counted as 14 trips.
Under Fastag, a return trip to Tiruchi would cost ₹990 and 10 return trips would cost ₹9,900. With this annual pass, it would only take 140 trips and a potential saving of up to ₹6,900. Once the 200 trips are over, the users can recharge.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
&w=3840&q=100)
Business Standard
an hour ago
- Business Standard
Construction industry margins to stay between 10.25-10.75% in FY26: Icra
Amid intense competition in the sector, operating margins of construction industry players are estimated to remain steady at 10.25-10.75 per cent in FY26, down from 10.6 per cent in FY25, according to Icra. This marks a sharp decline from the margins in FY21, which stood at 13-14 per cent. The ratings firm has also revised its revenue growth estimate for the industry in FY26 to 6-8 per cent, down from the earlier guidance of 8-10 per cent, due to continued headwinds in road-awarding activity as well as a slowdown in the execution of Jal-Jeevan mission-related projects. However, an expected ramp-up in other segments, especially urban infrastructure and irrigation, may result in relatively better performance for the industry in FY26, compared to flat growth during FY25. Further, the aggregate order book/operating income for Icra's sample set of entities is expected to be 3.5x as of March 31, 2026, providing adequate revenue visibility for industry participants. The aggregate order book/OI was 3.4x as of March 31, 2025. Icra's sample set features 19 companies with a combined turnover of almost Rs 1.3 trillion in FY25. Suprio Banerjee, vice president and co-group head, corporate ratings at Icra, said, 'Contractors, largely focused on the road segment, are likely to underperform compared to broader trends, owing to the slowdown in order-awarding activity from the MoRTH/NHAI. Several mid-sized road construction entities have an order book/revenue ratio of less than 2.0 times, indicating imminent stress on their revenue prospects in FY26, far below the industry average of around 3.5 times." However, players focused on segments like urban infrastructure or the energy sector are expected to sustain double-digit revenue growth in FY26. The majority of road projects under the MoRTH/NHAI were awarded at a sizeable discount compared to the authority's base price, indicating heightened competition. The competition in other sectors, such as metro, water supply, and sanitation, has also intensified, with new entrants trying to diversify their order books, Icra noted. The operating margins of players are expected to remain under check due to aggressive competition, although stable commodity prices and operating leverage benefits should provide some support to profitability. 'While debt levels are likely to increase to support higher working capital requirements, the corresponding operational leverage benefits are projected to keep the interest cover adequate at 3.5-3.8 times in FY26. Given the moderate leverage and satisfactory debt coverage metrics, Icra maintains a stable outlook on the construction sector,' Banerjee added. Construction activities — particularly road projects — have been notably affected due to lower fresh order inflows following the enforcement of the model code of conduct in Q1 FY25, coupled with execution-related challenges due to an extended monsoon season and a transition to milestone-based billing.
Time of India
10 hours ago
- Time of India
Bihar govt begins land acquisition for ₹18,042 crore Patna-Purnia expresswayETInfra
Advt Advt Revenue and land reforms department has started preparations for land acquisition across six districts — Vaishali Darbhanga , Saharsa, Madhepura and Purnia — for the Patna-Purnia Greenfield Expressway project after receiving necessary clearances. Landowners will be compensated at market rates to ensure smooth acquisition and avoid potential and land reforms department's additional chief secretary Deepak Kumar Singh has written to all six district magistrates (DMs), instructing them to proceed with preliminary notifications after obtaining approval from the Central Valuation directive came following a high-level meeting chaired by chief secretary Amrit Lal Meena recently, according to the officials of the National Highways Authority of India (NHAI).An NHAI official said Singh, in his letter to the DMs, told them to conduct a revised valuation of land based on the prevailing market price in the area, as per Section 26 (3) of the Land Acquisition Act, 2013, before initiating the process. "In this context, prohibition, excise and registration department has been granted the authority for special revision of MVR (minimum value registered) under Sub-rule 7 of the Bihar Stamp (Amendment) Rules, 2013, in light of the notification," said the added the 90m-wide greenfield expressway will be built with an estimated cost of ₹18,042 crore till Chandbhatti village on Purnia-Kishanganj NH-27. The Patna-Purnia expressway will also intersect with Amas-Darbhanga road in Vaishali and connect with Patna Ring Road at Dighwara "A total of 21 big and 140 small bridges, 11 ROBs, 21 interchanges and 322 underpasses will be built under the project. At the request of the state govt, spurs will be constructed to connect the cities of Samastipur, Saharsa and Madhepura to this project. The designated speed limit on this route will be 120km per hour. The state govt has appointed a competent authority for land acquisition," the official project will also provide connectivity to Bihta Airport through a bridge between Dighwara and Sherpur, and eventually link to Darbhanga and Purnia completed, the expressway will reduce travel time between Patna and Purnia by half from at least seven hours to three-four hours.
Time of India
a day ago
- Time of India
Land acquisition prep begins for Patna-Purnia expressway
Patna: Revenue and land reforms department has started preparations for land acquisition across six districts — Vaishali , Samastipur, Darbhanga, Saharsa, Madhepura and Purnia — for the Patna-Purnia Greenfield Expressway project after receiving necessary clearances. Landowners will be compensated at market rates to ensure smooth acquisition and avoid potential disputes. Revenue and land reforms department's additional chief secretary Deepak Kumar Singh has written to all six district magistrates (DMs), instructing them to proceed with preliminary notifications after obtaining approval from the Central Valuation Committee. The directive came following a high-level meeting chaired by chief secretary Amrit Lal Meena recently, according to the officials of the National Highways Authority of India (NHAI). An NHAI official said Singh, in his letter to the DMs, told them to conduct a revised valuation of land based on the prevailing market price in the area, as per Section 26 (3) of the Land Acquisition Act, 2013, before initiating the process. "In this context, prohibition, excise and registration department has been granted the authority for special revision of MVR (minimum value registered) under Sub-rule 7 of the Bihar Stamp (Amendment) Rules, 2013, in light of the notification," said the official. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like അപൂർവ്വയിനം റോസാ വിത്തുകൾ: വേഗത്തിലുള്ള ഡെലിവറി Rare Climbing Rose Seeds Learn More Undo He added the 90m-wide greenfield expressway will be built with an estimated cost of Rs 18,042 crore till Chandbhatti village on Purnia-Kishanganj NH-27. The Patna-Purnia expressway will also intersect with Amas-Darbhanga road in Vaishali and connect with Patna Ring Road at Dighwara. "A total of 21 big and 140 small bridges, 11 ROBs, 21 interchanges and 322 underpasses will be built under the project. At the request of the state govt, spurs will be constructed to connect the cities of Samastipur, Saharsa and Madhepura to this project. The designated speed limit on this route will be 120km per hour. The state govt has appointed a competent authority for land acquisition," the official said. The project will also provide connectivity to Bihta Airport through a bridge between Dighwara and Sherpur, and eventually link to Darbhanga and Purnia airports. Once completed, the expressway will reduce travel time between Patna and Purnia by half from at least seven hours to three-four hours.
