Regulatory9 Jul 2026, 09:50 pm
Maple Infrastructure Trust: NHAI Retains 1.641 Linking Factor for User Fee Revision
AI Summary
Maple Infrastructure Trust has announced a material development regarding the revision of user fees on National Highways. The National Highways Authority of India (NHAI) has issued a new circular dated July 8, 2026, reinstating the WPI linking factor of 1.641. This factor will be used to link the WPI series of 2004-05 to the WPI series of 2011-12 for user fee revisions in all existing concession agreements. This supersedes NHAI's previous circular dated September 13, 2025, which had revised the linking factor to 1.561. The Ministry of Road Transport & Highways (MoRTH) has also issued an OM supporting the use of the 1.641 linking factor for current and future projects.
Key Highlights
- NHAI circular dated July 8, 2026, retains WPI linking factor of 1.641.
- This factor is for linking WPI 2004-05 to 2011-12 for user fee revisions.
- NHAI's September 13, 2025 circular (factor 1.561) is now superseded.
- MoRTH supports the 1.641 factor for existing and future highway projects.
- This impacts revenue calculations for user fee collection on National Highways.
Price Impact
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