road-and-transport-news
NHAI takes steps to facilitate availability of FASTags for Electronic Toll Collection
New Delhi: In order to facilitate the availability of FASTags for Electronic Toll Collection, NHAI has taken two revolutionary steps in consultation with RBI and NPCI . These include Online sale of FASTags and offline sale through Common Services Centre (CSC) near toll plazas.
FASTag can also be purchased online from Issuer Banks websites / NHAI website / IHMCL website and will be delivered by courier at the door step of the purchaser. It is expected that this move will increase the sale of FASTags by improving availability and access.
Apart from the online sale, from tomorrow, 18th August, 2017, FASTags can also be bought from sale points of Common Services Centre (CSC) to be set up near toll plazas. CSC has a proven track record of making 20 crore Adhar Cards and achieving many other milestones of Digital India in short duration due to their vast network. It is expected that the association with CSC will give the ETC ecosystem a further boost.
Hybrid ETC work that involves installation & integration of RFID readers in all the Toll Plaza lanes is already under progress and is likely to be completed by 31st October, 2017. Out of all Hybrid Lanes, at least one shall be exclusively dedicated for FASTag vehicles where no other mode of Toll Payment shall be accepted . This exclusive one lane for FASTag vehicles will be operational with effect from 1 September, 2017.
In pursuance of PM Modi’s drive for a cashless economy, NHAI has been working on installation and efficient execution of ETC infrastructure at all the toll plazas under its jurisdiction. The work being done by NHAI in this direction, will provide safe, smooth and seem less journey to commuters on National Highways.
Read Also : RBI mandates Minimum Capital Requirement for ARCs upto Rs 300 Crore
News Must Read
- CPCL Reports 39% YoY Drop in Q4 Net Profit, Declares Rs 55 per Share Dividend
- SJVN Limited inaugurates India's first Multi-purpose Green Hydrogen Pilot Project
- KRDCL, RVNL JV emerges as the Lowest Bidder for Redevelopment of Thiruvananthapuram Central Railway Station
- REC Ltd. has incorporated subsidiary company BPTL
- Hon’ble Vice President of India Confers `Outstanding PSU of the Year’ Award on HAL
- BharatPe Launches India’s first All-in-One Payment Device
- NBCC registers historical Performance in FY2023-24
- RuPay Unveils Link it, Forget it Campaign at IPL 2024 to Promote RuPay Credit Card on UPI
- NTPC Green Energy Limited Inks MoU with Indus Towers Limited
- CIL’s capex up 6.5% to highest Rs.19,840 Crores in FY 2024