Toll on NICE roads up by 14% to 25%

Toll on NICE roads up by 14% to 25%

Toll on NICE roads up by 14% to 25%
The Nandi Infrastructure Corridor Enterprises Limited (NICE) has revised the toll on its roads by 14% to 25% from July 1.

Defending the hike, it said the revision had come after a gap of four years, though the company was entitled to an increase every year.

“We have been absorbing the price rise for four years without passing it on to our road users. We have recently redone the bitumen, and it had become inevitable to effect the hike,” said Manjunath Nayaker, who handles public relations for NICE.

“The revised toll rates are lower than the actual rates that the company is entitled to collect. The toll revision is inevitable to upkeep and maintain the international standard of infrastructure,” a company statement said.

The rate for cars, jeeps and vans is cheaper than what is charged on the Electronics City expressway, and higher than what is charged on the highway to the airport, the company bar chart indicated.

The toll is also lower than on the Electronics City expressway and international airport highway for trucks, multi-axle vehicles, heavy construction machinery and earth-moving equipment, NICE said.

The hike for light carriage vehicles is between 14% and 16.66%, whereas for buses it is about 16%.

Two-wheelers pay at least 25% more than what they were paying earlier.

The hike comes close on the heels of a revision in toll on the Electronics City expressway. The increase there is between 5% and 33.3%.

Govt permission

According to a 2008 gazette notification, NICE is allowed to increase the toll on its roads by 10% every year.
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