Compare Listings

Kherki Daula toll shift: Concessionaire to study traffic volume, revenue loss at new site

Kherki Daula toll shift: Concessionaire to study traffic volume, revenue loss at new site

MCEPL, which is owned by a consortium of banks, has expressed reservations over the proposed shifting of the Kherki Daula toll beyond Saharanwas as it could impact the revenue collection of the concessionaire, which has to return almost 1200 crores to the banks.

In a major development, the National Highways Authority of India (NHAI) has given permission to the Delhi-Gurgaon Expressway concessionaire to conduct a study to assess traffic volume at Saharanwas village near Manesar where the Kherki Daula toll is proposed to be shifted. The study will also look at any loss in revenue due to the shift.

The concessionaire, Millennium City Expressways Private Limited (MCEPL), will conduct the week-long study, a senior NHAI official said.

He also said once the toll study is over, the report will be submitted to the NHAI by the concessionaire. It is to be noted that MCEPL, which is owned by a consortium of banks, has expressed reservations over the proposed shifting of the Kherki Daula toll beyond Saharanwas as it could impact the revenue collection of the concessionaire, which has to return almost 1200 crores to the banks.

The site proposed for the new toll plaza is Saharanwas on Delhi-Jaipur Expressway. It is located around 12km from the existing Kherki Daula toll plaza and is around 2.5km from NSG complex in Manesar.

“The concessionaire has been given permission to conduct a toll study from September 25 to October 1. This study is being done to find out exactly what the volume of traffic passing through that point will be and to figure out any loss in revenue that could happen when the toll is shifted from Kherki Daula to Saharanwas,” said Ashok Sharma, project director, Delhi-Gurgaon Expressway.

The NHAI has also sought 42 hectares in Saharanwas to build a toll plaza building as the present one in Kherki Daula will become defunct once the toll is shifted.

“The Gurgaon administration is looking into the ownership and feasibility of the land in Saharanwas and, once the modalities are completed, the land is most likely to be shifted to the NHAI. The land which is with the government would be transferred while private land, if needed, would have to be acquired,” Sharma said.

 

source: hindustantimes

 

img

Axiom Landbase

Related posts

New Gurugram Has Become A Fastest Growing Realty Hub For Mid-Range Housing

New Gurugram has become one of the real estate hubs for homebuyers who are looking for their dream...

Continue reading
by Axiom Landbase

Reliance Met City Has Come With A New Hub For Economic Development in Haryana FY 2022-23

Reliance MET City, North India’s fastest-growing integrated smart city in Haryana. The company...

Continue reading
by Axiom Landbase

In FY24 – Smartworld Developers are set for two new geographies. Toplines of rs 7,000 cr

Smartworld Developers Pvt Ltd has recently made recorded sales worth rs 3500 cr in FY 2022-23. Now,...

Continue reading
by Axiom Landbase

ENQUIRE NOW