H.D. Kumaraswamy says NICE collected ₹4,756 crore toll since 2008 in violation of norms

Union Minister for Heavy Industries and Steel H.D. Kumaraswamy. | Photo Credit: File photo

Union Minister for Heavy Industries and Steel H.D. Kumaraswamy on Wednesday (October 7) alleged that NICE had collected ₹4,756.48 crore in toll revenue since 2008 in violation of norms despite the project remaining incomplete, and demanded that toll collection be stopped immediately.

Addressing a press conference in Bengaluru, Mr. Kumaraswamy alleged that the toll collection was being carried out in violation of the terms governing the NICE project.

“The original project cost of the NICE road was ₹1,583.76 crore. But the company has collected ₹4,756.48 crore through tolls which is almost three times the original project cost,” he claimed.