NHAI Launches Bank-Driven Toll Collection System
ROADS & HIGHWAYS

NHAI Launches Bank-Driven Toll Collection System

The National Highways Authority of India (NHAI) is set to launch its first-ever bank-driven toll collection system, marking a significant advancement in the management of toll payments across national highways. This innovative system aims to streamline the toll payment process, providing a seamless experience for commuters and enhancing efficiency in highway operations.

Under this initiative, users will be able to link their bank accounts directly to their vehicle registrations, enabling automatic deductions at toll plazas. This electronic toll collection method is designed to reduce congestion at toll booths, minimize waiting times, and enhance the overall customer experience.

The NHAI's move towards a bank-driven system aligns with its broader strategy of adopting digital solutions in infrastructure development. By leveraging technology, the authority aims to make toll collection more convenient and transparent while ensuring better revenue management.

With the implementation of this system, the NHAI anticipates improved compliance with toll payments, as well as increased revenues for highway maintenance and development. The initiative is expected to significantly benefit both daily commuters and long-distance travelers, fostering a smoother flow of traffic on national highways.

Overall, the launch of this bank-driven toll collection system underscores NHAI's commitment to modernizing toll collection practices and enhancing the efficiency of highway management in India.

The National Highways Authority of India (NHAI) is set to launch its first-ever bank-driven toll collection system, marking a significant advancement in the management of toll payments across national highways. This innovative system aims to streamline the toll payment process, providing a seamless experience for commuters and enhancing efficiency in highway operations. Under this initiative, users will be able to link their bank accounts directly to their vehicle registrations, enabling automatic deductions at toll plazas. This electronic toll collection method is designed to reduce congestion at toll booths, minimize waiting times, and enhance the overall customer experience. The NHAI's move towards a bank-driven system aligns with its broader strategy of adopting digital solutions in infrastructure development. By leveraging technology, the authority aims to make toll collection more convenient and transparent while ensuring better revenue management. With the implementation of this system, the NHAI anticipates improved compliance with toll payments, as well as increased revenues for highway maintenance and development. The initiative is expected to significantly benefit both daily commuters and long-distance travelers, fostering a smoother flow of traffic on national highways. Overall, the launch of this bank-driven toll collection system underscores NHAI's commitment to modernizing toll collection practices and enhancing the efficiency of highway management in India.

Next Story
Infrastructure Energy

Centre suggests states to list power firms

Power Minister Manohar Lal urged states and union territories to consider listing their power generation, transmission, and distribution companies on stock exchanges to attract investment and improve operational efficiency. Addressing the media, after a conference of power ministers, Lal highlighted the need for increased capital inflows to meet India’s rising power demand, which has placed added strain on the sector. “With the growing power demand, there is a growing need for investment in the sector and improving operational efficiencies. States may identify and take up utilities for lis..

Next Story
Infrastructure Transport

Metro on backburner as Tricity set to get new e-buses circuit

To boost connectivity for the commuters of the Tricity, a new circuit-cum-network of electric buses (e-buses) is all set to come up that will cover Chandigarh, Panchkula, and Mohali. The move comes days after Union Minister for Housing and Urban Affairs Manohar Lal Khattar said that in Chandigarh the ridership is not according to the criteria set for operating a Metro. He had also said that the option of a pod taxi can also be explored as it will not impact the heritage of the Union Territory (UT).Officials stated that the e-buses decision intends to provide an eco-friendly public transportati..

Next Story
Infrastructure Energy

Rajasthan government plans to develop hi-tech city near Jaipur

On the lines of Gujarat International Finance Tech (GIFT) City and Hyderabad Information Technology and Engineering Consultancy (HITEC) City, Raj govt is gearing up to develop a "hi-tech city" close to Jaipur. Recently, Boston Consulting Group – a multinational consulting firm – gave a presentation on the concept of hi-tech cities, follwing which the state govt has started looking for suitable land on outskirts of Jaipur. "We are going to construct a hi-tech city on the outskirts of Jaipur. We are trying to ascertain the amount of land required for core areas of the city and for areas wh..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000