High-level meeting called in Chandigarh to discuss shifting of Kherki Daula toll
the Haryana State Industrial and Infrastructure Development Corporation (HSIIDC) called a meeting of bankers, concessionaire MCEPL, National Highways Authority of India (NHAI) officials, Manesar Industries Welfare Association (MIWA) and the principal secretary, town and country planning department. The meeting will be held in Chandigarh on June 16gurgaon Updated: Jun 11, 2017 16:13 IST
The Haryana government has called a high-level meeting of all the Kherki Daula stakeholders next week, including the banking consortium that owns the Kherki Daula toll plaza, to discuss the shifting of the toll plaza.
The meeting comes in the backdrop of Haryana chief minister Manohar Lal Khattar requesting Union transport minister Nitin Gadkari to shift the toll plaza.
Khattar, in his letter to Gadkari, said the Kherki Daula toll plaza has become a bottleneck on Delhi-Gurgaon Expressway and has adversely affected employment growth as well as housing potential in that area.
He has also asked for a package that could get the toll shifted or removed permanently.
In view of the initiative taken by the CM, the Haryana State Industrial and Infrastructure Development Corporation (HSIIDC) called a meeting of bankers, concessionaire MCEPL, National Highways Authority of India (NHAI) officials, Manesar Industries Welfare Association (MIWA) and the principal secretary, town and country planning department. The meeting will be held in Chandigarh on June 16.
Arun Kumar Gupta, principal secretary, town and country planning department, Haryana; Hemant Harish from Bank of India; Amit Bansal from Punjab National Bank; Sushil Pandey from Oriental Bank of Commerce; Vinayak Mavinkurve from IDFC; Neelam Sikka from State Bank of Bikaner and Jaipur; Manoj Kumar, regional manager, NHAI; S Raghuraman, CEO, MCEPL; and Manmohan Gaind, vice-president, MIWA, will attend the meeting.
Highly placed sources said the consortium of banks has valued the toll plaza at Rs 1,800 crore but because of pressure from the Union transport ministry and the Haryana government, it has agreed to forgo the interest component to the tune of Rs 600 crore.
The Haryana government and NHAI have agreed to contribute Rs 500 crore each to buy the toll but are at a loss on how to raise the remaining Rs 200 crore.
The concessionaire of the Delhi Gurgaon Expressway, MCEPL, welcomed the development as it is for the first time that a formal process has been initiated to remove the toll plaza.
“It is for the first time that the matter has come on record and discussions are being done at the behest of the chief minister. We welcome the move and will support the state government and the NHAI in resolving the matter,” said S Raghuraman.
The state government’s keenness to get Kherki Daula toll removed can be gauged by the fact that Khattar in his letter Gadkari has said that Gurgaon has become the central business district of Delhi and home to over 200 Fortune 500 companies.
However, the toll plaza is literally taking a toll on the city’s energies. It has stifled employment generation in IMT Manesar and has had a dampening impact on housing in the middle income category.
“I believe that it should be possible to structure a package of incentives that would lead to either the abolition or shifting of the toll plaza to the outskirts of Gurgaon. Such an outcome would create a virtuous cycle leading to a spurt in industrial activity in the seamless NCR region. I assure you of our willingness to participate in structuring of such a package,” Khattar said in his letter.