NHAI to launch 'Pay as You Use' tolling on Delhi-Mumbai Highway
The project involves implementing a satellite based electronic toll collection system running on GPS/GSM technology for around 500 commercial vehicles on the Delhi-Mumbai national highway. The project will run for one year.
Paving the way for the implementation of the Budget announcement regarding “Pay as you use” tolling in India, the National Highways Authority of India (NHAI) is executing a pilot project to study the implement ability of the system in the country.
The project involves implementing a satellite based electronic toll collection system running on GPS/GSM technology for around 500 commercial vehicles on the Delhi-Mumbai national highway. The project will run for one year.
Working on a combination of mobile telecommunications technology (GSM) and the satellite-based Global Positioning System, the proposed tolling system would be able to deduct money from a vehicle account, credit the money to the concessionaire within one day and open the toll gate.
In case of a failed transaction, it would be able to alert the toll operator to collect payment manually and not open the gate.
The pilot project will look at ways to integrate the new solution with the existing pre-paid wallet account offered by NHAI under the FASTag programme. It will also draw a comparison between distance based tolling and the existing tolling system, as also virtual tolling Vs normal tolling.
The RFP for the project was floated on 25th Januray 2018. The pre-bid meeting is on 9th February and the Bid Due Date is 26th February, 2018.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
EPFO Pension Schemes: Early pension, retirement pension, nominee pension and 4 other pension schemes that every private sector employee should know
Tata Motors, Muthoot Finance and 3 more: Axis Direct recommends buying these stocks for 2 weeks; check targets, stop losses
06:49 PM IST