Yamuna Expressway toll rates to increase from October 1
ROADS & HIGHWAYS

Yamuna Expressway toll rates to increase from October 1

The toll for the Yamuna Expressway will increase from October 1 with Yamuna Expressway Industrial Development Authority (YEIDA) taking a decision to revise the rates across all categories for the first time since September 2022, reported TOI. The revised rates, officials said, are expected to boost daily collections to around Rs 1 crore and the changes will impact both daily commuters and tourists headed for Agra or Mathura. The move comes after Mumbai-based Suraksha Group took over Jaypee Infratech Ltd, which managed the expressway for so long. After the new rates, motorcycles — which previously paid Rs 1.25 per kilometre — will be charged Rs 1.5, a 20 per cent increase. Private cars and other light four-wheelers will face a 13.5 per cent hike, with toll rates rising from Rs 2.6 to Rs 2.95 per kilometre. For light commercial vehicles like small trucks and mini-buses, the rate will go up from Rs 4.15 to Rs 4.6, marking a 10.8 per cent rise. Buses and heavy trucks will see a 10.7 per cent jump, with the toll changing from Rs 8.45 to Rs 9.35. Multi-axle trucks and oversized vehicles will have to pay the maximum toll, with the revised rates now Rs 14.25 and Rs 18.35, respectively. The increase in rates is a part of the resolution plan submitted by Suraksha during the takeover of Jaypee, said YEIDA CEO Arun Vir Singh.The plan was approved by National Company Law Tribunal (NCLT) and National Company Law Appellate Tribunal (NCLAT). It includes a provision for such toll hikes every year. The revision of rates was on hold for more than a year. During a YEIDA board meeting on January 29, a proposal tabled to increase the rates did not reach a consensus. The authority had requested a report from Jaypee mentioning its revenue collection and traffic forecasts on the expressway, keeping in mind the upcoming international airport in Jewar. The rates, however, had not seen any changes. Jaypee had constructed the highway in 2012 and had also secured land for developing 30,000 flats in Noida and Greater Noida. However, the company was in financial distress. After a protracted legal battle in NCLT and NCLAT, Suraksha acquired the debt-ridden company in June this year. An annual toll hike was one of the conditions set by Suraksha.

As part of the Ministry of Civil Aviation’s long-term vision, under the 'Viksit Bharat 2047' initiative, Naidu mentioned plans to more than double the number of airports in the country, with the target of reaching 350 airports by 2047, up from the current 157. He highlighted that the government’s regional connectivity scheme, UDAN, has already made 500 routes operational, and efforts are underway to further improve connectivity in remote areas.

Naidu also referenced Prime Minister Narendra Modi’s address on India’s 78th Independence Day, during which the Prime Minister focused on economic modernisation, infrastructure development, and strategic reforms as part of his vision to transform India into a globally competitive, developed nation by 2047, a vision termed 'Viksit Bharat 2047.' The Prime Minister expressed confidence that, through collective effort, India could achieve these developmental goals.

The toll for the Yamuna Expressway will increase from October 1 with Yamuna Expressway Industrial Development Authority (YEIDA) taking a decision to revise the rates across all categories for the first time since September 2022, reported TOI. The revised rates, officials said, are expected to boost daily collections to around Rs 1 crore and the changes will impact both daily commuters and tourists headed for Agra or Mathura. The move comes after Mumbai-based Suraksha Group took over Jaypee Infratech Ltd, which managed the expressway for so long. After the new rates, motorcycles — which previously paid Rs 1.25 per kilometre — will be charged Rs 1.5, a 20 per cent increase. Private cars and other light four-wheelers will face a 13.5 per cent hike, with toll rates rising from Rs 2.6 to Rs 2.95 per kilometre. For light commercial vehicles like small trucks and mini-buses, the rate will go up from Rs 4.15 to Rs 4.6, marking a 10.8 per cent rise. Buses and heavy trucks will see a 10.7 per cent jump, with the toll changing from Rs 8.45 to Rs 9.35. Multi-axle trucks and oversized vehicles will have to pay the maximum toll, with the revised rates now Rs 14.25 and Rs 18.35, respectively. The increase in rates is a part of the resolution plan submitted by Suraksha during the takeover of Jaypee, said YEIDA CEO Arun Vir Singh.The plan was approved by National Company Law Tribunal (NCLT) and National Company Law Appellate Tribunal (NCLAT). It includes a provision for such toll hikes every year. The revision of rates was on hold for more than a year. During a YEIDA board meeting on January 29, a proposal tabled to increase the rates did not reach a consensus. The authority had requested a report from Jaypee mentioning its revenue collection and traffic forecasts on the expressway, keeping in mind the upcoming international airport in Jewar. The rates, however, had not seen any changes. Jaypee had constructed the highway in 2012 and had also secured land for developing 30,000 flats in Noida and Greater Noida. However, the company was in financial distress. After a protracted legal battle in NCLT and NCLAT, Suraksha acquired the debt-ridden company in June this year. An annual toll hike was one of the conditions set by Suraksha. As part of the Ministry of Civil Aviation’s long-term vision, under the 'Viksit Bharat 2047' initiative, Naidu mentioned plans to more than double the number of airports in the country, with the target of reaching 350 airports by 2047, up from the current 157. He highlighted that the government’s regional connectivity scheme, UDAN, has already made 500 routes operational, and efforts are underway to further improve connectivity in remote areas. Naidu also referenced Prime Minister Narendra Modi’s address on India’s 78th Independence Day, during which the Prime Minister focused on economic modernisation, infrastructure development, and strategic reforms as part of his vision to transform India into a globally competitive, developed nation by 2047, a vision termed 'Viksit Bharat 2047.' The Prime Minister expressed confidence that, through collective effort, India could achieve these developmental goals.

Next Story
Infrastructure Energy

REC Transfers HVDC Project to Power Grid

REC Limited has successfully handed over the Special Purpose Vehicle (SPV) for a High-Voltage Direct Current (HVDC) transmission project to Power Grid Corporation of India Limited (PGCIL). This strategic move aligns with the nation's objectives to strengthen its power transmission network. Key Highlights: Project Overview: The HVDC project, under the inter-state transmission system (ISTS) initiative, is a critical component of India's push toward robust and efficient electricity transmission. It aims to handle bulk power transfer across long distances while ensuring minimal losses. Role of RE..

Next Story
Infrastructure Transport

NF Railway Collaborates with IIT Guwahati

The Northeast Frontier (NF) Railway has signed strategic Memorandums of Understanding (MoUs) with IIT Guwahati to foster technological advancements and improve railway operations in the region. This partnership focuses on innovative solutions to enhance safety, efficiency, and sustainability in rail infrastructure. Key Highlights: Purpose of MoUs: The collaboration aims to leverage IIT Guwahati's expertise in technology and research for implementing cutting-edge solutions across railway operations. Key areas of focus include: Automation and digitization in maintenance. Sustainability initiati..

Next Story
Infrastructure Transport

Danapur Division Modernization Plans Revealed

The Railway Board has unveiled ambitious plans for the expansion and modernization of the Danapur Division, a critical hub under the East Central Railway. The initiative focuses on infrastructure development, enhanced passenger amenities, and operational efficiency. Key Highlights: Scope of Modernization: The Railway Board's blueprint emphasizes: Upgrading existing infrastructure to accommodate more passenger and freight traffic. Improving station facilities, such as platforms, waiting areas, and connectivity. Introducing advanced signal systems for safer and smoother operations. Freig..

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