FASTag-ANPR Multi Lane Free Flow Toll Transaction Banking in Delhi NCR

Work Description - Rfp For Selection Of Acquirer Bank For Fastag-anpr Based Multi Lane Free Flow (mlff) User Fee Collection At 14 Fee Plazas In The Delhi Ncr Region (bundle-dl 01) On Fixed Transaction Fee Model

The Indian Highways Management Company Limited (IHMCL), on behalf of the National Highways Authority of India, proudly invites eligible and experienced Acquirer Banks to participate in a crucial Open Tender for the "Selection of Acquirer Bank for FASTag-ANPR based Multi Lane Free Flow (MLFF) User Fee Collection at 14 Fee Plazas in the Delhi NCR Region (Bundle-DL 01) on Fixed Transaction Fee Model". This significant services contract, referenced as IHMCL/MLFF-Delhi-01/2026, aims to revolutionize user fee collection through a state-of-the-art Multi Lane Free Flow system, integrating FASTag and Automatic Number Plate Recognition (ANPR) technology across 14 key fee plazas within the bustling Delhi NCR region for an estimated period of 1975 days. Interested bidders are required to submit their proposals under a two-cover system, with a mandatory non-refundable Tender Fee of ₹25,000 and an Earnest Money Deposit (EMD) of ₹30,00,000. Both the Tender Fee and EMD are payable to IHMCL at New Delhi. The tender was officially ePublished on 10-Mar-2026 at 01:05 PM. Document download and bid submission commenced on 10-Mar-2026 at 01:10 PM and 01:15 PM respectively, with the final deadline for both set for 04-Aug-2026 at 05:00 PM. Bids will be opened shortly thereafter on 05-Aug-2026 at 05:30 PM. For complete details and application, prospective bidders are advised to refer to the comprehensive tender documents. The Tender Inviting Authority for this initiative is AMIT RANJAN CHITRANSHI, IHMCL, NEW DELHI-110077.