To avoid delay in earning toll revenues, Reliance Infrastructure is eyeing highway projects that involve expansion.It recently began toll collection on the Hosur-Krishnagiri highway connecting Bangalore to Chennai, where the lanes have to be expanded from four to six.
While the company has just begun construction, it has already started collecting toll for the four lanes under operation.
"In such projects, revenue visibility is high. You start seeing revenue from day one of operations. It only increases after the project is commissioned," a Reliance Infrastructure spokesperson told Business Standard.
The Hosur project has average daily traffic of 52,000 passenger car units. This is the base volume. With six-laning, the corridor will cater to the growing traffic.
Six-laning of highway projects also has advantages, as the government would have acquired most of the extra land required for the expansion at the time of the four-laning.
"Besides, the road has been
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