Toll Collection through FASTag touched 103.54 cr with around 64 lakh transactions on July 1st, 2021
FASTag will save around 20,000 crore rupees per year on fuel, that will save precious foreign exchange and help the environment as well.
Image credit:PTI
New Delhi: With the easing of lockdown in most states and an increase in the movement of traffic on the Highways, the toll collection through FASTag is reaching the level recorded before the 2nd wave of the Covid pandemic. The toll collection across the country through FASTag touched Rs. 103.54 crore with 63.09 lakh transactions on 01st July 2021. Electronic toll collection through FASTag is operational at 780 active toll plazas across the country.
Toll collection in June 2021 increased to Rs. 2,576.28 crore, which is around 21 percent higher than Rs. 2,125.16 crore collected in May 2021. With around 3.48 crore users, FASTag penetration across the country is at around 96 percent, and many toll plazas having 99% penetration. As per an estimate, FASTag will save around 20,000 crore rupees per year on fuel, that will save precious foreign exchange and help the environment as well.
The constant growth and adoption of FASTag by the highway users has reduced the waiting time at NH Fee Plazas significantly.
News Must Read
- NMDC's Promising Start to FY25, Targets 50 Million Tonnes
- RITES to take assessment for Vande Bharat Trains
- RBI cancels Certificate of Registration of Acemoney (India) Limited due to irregular lending practices
- Coal India Production rises by 7 percent in April
- WAPCOS became second Indian PSU in ADB Consulting
- Power Grid appoints Satyaprakash Dash as CS and Compliance Officer
- GE Power received orders from two state-owned PSUs and one JV entity
- SAIL-RITES JV bags Rs 818 crore wagon order from Indian Railways
- BHEL enters into Strategic Partnership Agreement with HIMA for Railway Signalling Business
- SJVN bids farewell to Smt. Geeta Kapur, CMD and Director (Personnel)