Developers involved in widening four-lane roads to six lane may have to wait till the completion of the projects before collecting toll. The Union Road Transport Ministry is planning to rewrite the Model Concession Agreement (MCA) that allows them to collect toll.
An official concerned said that allowing a developer involved in the widening of four-lane to six-lane road projects is a flaw that is in the MCA. The government is planning to come up with a new one that will address this issue.
The official explained that they would also review other MCAs if a need in the future. A new MCA on this issue would mean that the developers in the four to six laning of road projects will not get access to toll revenues till the construction of the widening work is complete. Completion of such widening projects normally takes three years. Currently, a developer in the four to six lane project gets the right to collect toll from the first day itself.
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