Toll collection and remittances from existing roads will fall by 13 per cent, assuming there is only a 57-day lockdown (March 22 to May 17). However, the decline will be sharper 17 per cent if the lockdown is extended by another two weeks, according to a Crisil report.
The National Highways Authority of India (NHAI), the nodal agency for the roads sector, had stopped toll collections up to April 20, after the government imposed the nationwide lockdown in March.
Toll collection has since restarted, but a V-shaped revival in traffic after the lockdown ends – probably on May 17 – is unlikely. There will only be a gradual return to normalcy, it said.
