Maharashtra's new EV policy may hit toll operators' cash flows in short term

The new electric vehicle (EV) policy launched by the Maharashtra government may dent cash flows of the state's toll road operators in the short term.

- PRACHI PISAL

However, industry experts believe the impact would be temporary. This is considering that the loss of revenue due to the toll waiver would need to be compensated by the state government under the "change in law" clause of concession agreements and also owing to a comparatively low but growing EV penetration.