Oil marketing companies to issue FASTags

To ensure easier availability of FASTags, Indian Highways Management Company Ltd. (IHMCL), a company promoted by NHAI, is signing MoUs with state-run Oil Marketing Companies (IOCL, BPC, and HPC). It will ensure availability of FASTags at petroleum outlets across India. In the first phase, the tags will be available across 50 Fuel Station in Delhi NCR, which will subsequently be expanded to outlets across India.

IHMCL has been mandated to implement the National Electronic Toll Collection Program (NETC) in the country. In the current NETC program, FASTags are being issued by certified banks only through limited channels such as Point-of-Sale at NH toll plazas, online, and selected bank branches, etc. Recent government measures like proposed FASTag – GST integration and FASTag acceptance at all Toll Plazas in India, have led to an urgent need of scaling up the FASTag marketing channels. These MoUs will help IHMCL to cater to the evolving market expectations.

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