Latest News | No Tolled Highway with Full Capital Cost Recovery, Says Govt

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.

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"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.

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(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)