Road developers to incur Rs 3,700 cr toll revenue losses in Mar-Jun: Crisil

Highway developers and toll operators are likely to incur toll revenue losses of about Rs 3,700 crore during March-June this year, while NHAI will lose Rs 2,200 crore in toll fee, Crisil Research said on Thursday.

However, it said that the road and highways sector would rebound faster despite sharp losses this quarter.

"On its part, the roads and highways sector will see developers/ toll operators incurring toll revenue losses of Rs 3,450-3,700 crore during March-June, the estimate suggests. The National Highways Authority of India (NHAI) will lose Rs 2,100-2,200 crore in toll over this period," Crisil Infrastructure Advisory said during a tele-conference on "Impact of the Pandemic on the Transport Sector and Mitigants thereof".

It said the extended lockdown to contain the COVID-19 pandemic, which has stalled traffic on the ground as in the air, is expected to heap enormous losses on infrastructure industries but roads and highways would rebound faster despite sharp losses this ...