Toll collections witnessed a marked improvement on the back of increased movement of both passenger and commercial vehicles which have picked up significantly over the last three months, thereby surpassing pre-Covid levels, according to ICRA.
On average, the increase in toll collections in September to November 2020 stood at about 13 per cent, implying growth in traffic of 8 to 9 per cent in terms of passenger car units.
One-third of this growth is contributed by the passenger vehicle category and the remaining from commercial vehicles, said ICRA.
With this sustained improvement, the overall reduction in toll collections for national highway projects can be in the range of 5 to 7 per cent in FY2021, narrower than the previous forecast of 10 per cent de-growth.
