NHA earned Rs 15,971 million from toll plazas in FY 2014-15

NationalNHA earned Rs 15,971 million from toll plazas in FY 2014-15

ISLAMABAD, Pakistan: National Highway Authority (NHA) has collected Rs 15,971 million as toll re3vnue from 102 toll plazas set up on national highways and motorway during fiscal year 2014-15.

An official of NHA told the state-run news agency on Monday that in 2012-13 Rs 13,536 million were collected as toll tax money while in FY 2013-14 13,990 million were collected.

He said that there has been a steady increase in toll revenue over the last three years and the major reason for increased revenue has been greater transparency and better management.

He said that out of a total of 102 toll plazas in Punjab 36 toll plazas are operational, in Sindh 25, in Khyber Pakhtunkhwa 7, in Balochistan 10 toll plazas are operational. He said that a total of 24 toll plazas are operational on Motorways.

The official said that National Highways & Motorways toll plazas are auctioned through open competitive bidding in the light of PPRA’s rules.

“All the toll plazas are awarded through auction and it is in full compliance with the rules of the Public Procurement Regulatory Authority (PPRA),” he said.

To a question, the NHA official said that toll plazas on Islamabad-Lahore Motorway (M-2) have been handed over to Frontier Works Organization (FWO) as this section of the motorway has been awarded on 20 years contract concession on BOT basis.

Mati
Mati
Mati-Ullah is the Online Editor For DND. He is the real man to handle the team around the Country and get news from them and provide to you instantly.

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