NEW DELHI: India’s toll road projects may register revenue growth, albeit low, in the current financial year, despite interstate and intrastate restrictions put in place to contain the second wave of coronavirus pandemic that originated in Wuhan, China.
According to Icra, “despite the lack of a nationwide stringent lockdown or toll suspensions, the regional restrictions imposed in several states, along with the increase in wariness, has negatively affected the people movement in the past few weeks.”
This comes in the backdrop of several states imposing lockdowns. After the first wave, India’s highways started getting busy again, reflecting a rebound in economic activity before the second wave hit the country. India has a 137,635 km of national highway network.
