Daily News Briefs, January 15, 2020

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Italian Government Party Will Fight Decree on Revoking Toll Road Concessions

Bloomberg reports, “Italy’s coalition government is gearing up for another divisive internal battle, after the party led by former Prime Minister Matteo Renzi said it would fight to scrap new rules that make it easier to revoke highway concessions. Luigi Marattin, a lawmaker in Renzi’s small Italy Alive party, told Bloomberg News that a decree approved in December to facilitate the termination of a contract with Atlantia SpA’s Autostrade per l’Italia unit, will hurt Italy’s standing with investors.” (TRN eliminated and inserted links in the quoted text.)

Atlantia Autostrade per l'Italia Italy

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India's Highways Authority Breaks Toll Collection Records

Business Insider India reports, the National Highways Authority of India broke two toll collection records last Sunday, January 12. It recorded its highest daily collection total, Rs 86.2 crore (US$12.17 million), and its highest daily electronic (FASTag) collection total, Rs 50 crore (US$7.06 million). NHAI is in the early stage of a conversion to all-electronic toll collection.

AET (All-Electronic Tolling) FASTag System (India) India

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These are just some of the toll industry developments TRN is following.

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