PNC Infratech to pay NHAI Rs 42 lakh daily for Lucknow-Kanpur Expressway toll loss

timesofindia.indiatimes.com

PNC Infratech must pay NHAI Rs 42 lakh daily for lost toll revenue on the Lucknow-Kanpur Expressway until normal traffic resumes, besides repair costs. Toll collection was suspended Aug 5 after cracks emerged at new locations. NHAI had contracted Sahakar Global Ltd in April to manage four plazas for Rs 153.5 crore annually, ensuring fixed revenue regardless of traffic volume. The expressway, built at Rs 4,200 crore, spans 63 km. PNC Infratech said no material impact on operations and would disclose further financial implications once clarified.


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PNC Infratech to pay NHAI Rs 42 lakh daily for Lucknow-Kanpur Expressway toll loss | News Minimalist