State tells NICE to roll back toll hike in 7 days

State tells NICE to roll back toll hike in 7 days
The state government has issued a notice to Nandi Infrastructure Corridor Enterprises (NICE), directing it to withdraw the recent hike in toll on its peripheral and link road within seven days or face legal
action.

The notice issued by the Public Works Department dated July 7 stated that the move by NICE, the promoter of Bangalore-Mysore Infrastructure Corridor Project, to hike the toll is “illegal” as it is done without obtaining the government’s permission and also at a time when proceedings of a writ petition is pending before the Karnataka High Court.

The department said that the hike should be withdrawn within seven days from the receipt of the notice. “Failure to do so within the stipulated time will constrain us to initiate appropriate action in accordance with law or have recourse to remedies available to us under the Frame Work Agreement,” the notice
stated.

The company recently increased the toll by 14% to 25 % on 41 km of peripheral road and 9.1 km of link road.

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