Toll Operators to Be Compensated
Toll road operators will also be compensated for loss of business on account of fall in traffic and toll exemption. The government is looking at unveiling sector-specific relief measures for industries hit hard by the Covid-19 outbreak. For toll roads under build-operate-transfer contracts, NHAI is likely to bear a loss of around `1,000 crore, ratings agency ICRA said in a recent assessment. Toll operations remained suspended from March 25 to April 19, meaning additional claims for the authority.
Tags : ALLIED NHAI ICRA COVID-19 outbreak Toll Operators road relief measures traffic