Cost recovered, but you’ll still pay toll | india | Hindustan Times
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Cost recovered, but you’ll still pay toll

india Updated: Dec 20, 2011 00:55 IST
HT Correspondent
HT Correspondent
Hindustan Times
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Citizens will have to pay toll at Mumbai’s entry and exit points till September 2027 even though the government has recovered Rs1,205 crore of the Rs1,242 crore spent on building flyovers and bridges in the city, public works minister Jaidutt Kshirsagar informed the legislative assembly on Monday.

The Opposition alleged that amount and duration of toll collection contracts is based on misleading estimates of vehicle count and returns on investment.

The information provided by Kshirsagar also shows that the state agency Maharashtra State Road Development Corporation (MSRDC) spent Rs2,123 crore to build the Mumbai-Pune expressway. But even though it has already recovered almost half that amount, Rs1,095 crore, it will continue to collect toll tax till April 30, 2030.

Leader of the Opposition Eknath Khadse and senior BJP member Devendra Fadnavis demanded a high-level inquiry into an alleged Rs5,000-crore corruption in toll tax recovery in the state. There was uproar in the house when the minister brushed aside the allegations and insisted there is no need to set up a committee.

Kshirsagar said there toll tax collection cannot be stopped as it is taking place under the terms and conditions of tenders floated in adherence with Central government guidelines. The contracts have been awarded for 15 years, after calculating the cost of the projects and interest rates, he added.