Road traffic, toll collections ramp up better than expected in Apr-Nov: ICRA

New Delhi: Traffic ramp up in FY2021 till November was much faster than anticipated but the overall reduction in toll collections for national highways could be in the range of 5-7 per cent in FY2021, ICRA NSE 0.80 % rating agency said in a note on Tuesday.

The rating agency’s estimate for the reduction toll collection for the fiscal is narrower than its earlier estimate of a 10 per cent de-growth. Toll road assets are one of the few infrastructure asset classes which bounced back strongly post the covid-19 induced shock which demonstrates the resilience of Indian toll roads.