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HD Kumaraswamy Alleges NICE Road Toll Collected 3 Times Project Cost Despite Incomplete Work
M
Moneycontrol•07-10-2026, 19:17
HD Kumaraswamy Alleges NICE Road Toll Collected 3 Times Project Cost Despite Incomplete Work
- •Union Minister HD Kumaraswamy stated that Nandi Infrastructure Corridor Enterprise collected Rs 4,756.48 crore in tolls since 2008, which is nearly three times the original project cost of Rs 1,583.76 crore.
- •He alleged that NICE violated the Toll Concession Agreement and Framework Agreement by starting toll collection without completing the mandated four-lane concrete road, service roads, and maintenance areas.
- •Kumaraswamy claimed that project alignments were altered without Cabinet approval, increasing allocated land for the Peripheral Road and toll sections, and alleged that roads were constructed over lake areas.
- •He pointed out that the Supreme Court has not stayed the Karnataka High Court judgment regarding the project, and urged the state government to immediately halt toll collection within two weeks.
Key Questions Answered
Union Minister HD Kumaraswamy alleged that Nandi Infrastructure Corridor Enterprise (NICE) has collected Rs 4,756.48 crore in toll revenue since 2008, which is nearly three times the original project cost of Rs 1,583.76 crore.
The Toll Concession Agreement signed on September 4, 2000, required the construction of a four-lane concrete road, service roads, and maintenance areas before any toll collection could officially begin.
NICE challenged the Karnataka High Court judgment through a Special Leave Petition in the Supreme Court, which did not stay the High Court judgment and adjourned the matter to November 2.
