Crisil Research city New Delhi India covid-19 pandemic Government Crisil Research city New Delhi India

₹3,700 crore toll revenue losses in Mar-Jun: Crisil

Reading now: 933
www.livemint.com

NEW DELHI : Highway developers and toll operators are likely to incur toll revenue losses of about ₹3,700 crore during March-June this year, while NHAI will lose ₹2,200 crore in toll fee, Crisil Research said on Thursday.

However, it said that the road and highways sector would rebound faster despite sharp losses this quarter. "On its part, the roads and highways sector will see developers/ toll operators incurring toll revenue losses of ₹3,450-3,700 crore during March-June, the estimate suggests.

The National Highways Authority of India (NHAI) will lose ₹2,100-2,200 crore in toll over this period," Crisil Infrastructure Advisory said during a tele-conference on "Impact of the Pandemic on the Transport Sector and Mitigants thereof".

Read more on livemint.com
The website covid-19.rehab is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA