The Indian government confirms no tolled national highways have fully recovered their capital costs, despite the National Highways Fee Rules of 2008.
Photograph: Rupak De Chowdhuri/Reuters
New Delhi, Dec 21 (PTI) The government on Thursday said there are no tolled national highways in the country that have completely recovered the capital cost.
In a written reply to a question in the Lok Sabha, Union Road Transport and Highways Minister Nitin Gadkari said there is no provision for closing of user fee plaza after completion of concession period/recovery of capital cost as per the National Highways Fee (Determination of Rates and Collection) Rules, 2008.
"There are no tolled national highways (Public/ Private funded) in the country of which capital cost has been completely recovered," he said.
The National Highways Authority of India (NHAI) and National Highways and Infrastructure Development Corporation Ltd (NHIDCL) are primarily responsible for the construction of national highways and expressways across the country.
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.
© 2024 Rediff.com India Limited. All rights reserved. Disclaimer - Terms of Service - Privacy Policy - Feedback