Highway Authority's public-funded projects see slowdown effect.

The impact of economic slowdown is getting reflected in the latest bids of National Highway Authority of India for the rights to collect tolls from the toll plazas of public-funded stretches.

However, there are some exceptions.

Traffic on national highways indicates the economic activity of a region, and toll is collected from the road users.
Out of 17 stretches put on auction, response was received for 14 till 13th Dec 2013.

Based on the bids for these 14 stretches, NHAI will receive four per cent less amount next year, because only six stretches have received higher offers than the preceding year.

These six stretches include four in Uttar Pradesh and one in Andhra Pradesh.

HBL