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Big win for Mukesh Ambani, this company secures contract for MLFF project at 2 toll plazas on…
24htopnews | October 14, 2025 12:06 PM CST

Jio Financial Services on Monday announced that its subsidiary Jio Payments Bank Ltd (JPBL) has won a contract to deploy the Automatic Number Plate Recognition (ANPR)-based Multi-Lane Free Flow (MLFF) toll collection system at two toll plazas on the Gurugram-Jaipur route. With this project Jio Payments Bank marks its entry into next-generation electronic tolling solutions that enable seamless stop-free toll payments without the need for physical toll booths. Jio Payments Bank Wins Contract According to a regulatory filing the two toll plazas — Shahjahanpur and Manoharpura — were awarded to JPBL under a tender floated by Indian Highways Management Company Ltd (IHMCL) for India’s pilot MLFF initiative. So far five MLFF bids have been awarded of which JPBL has secured two demonstrating its competitiveness in this space. Securing the contract to collect and process tolls for an MLFF project is a significant milestone for JPBL building on the foundation of its FASTag acquisition-based toll processing operations which commenced in July 2025 Jio Fin said. JPBL is currently managing toll operations at 11 toll plazas on different highway stretches as an acquirer bank. With the acquisition of toll management rights at these two MLFF road projects JPBL is well-positioned to play a pivotal role in the countrys evolving infrastructure-linked digital payments landscape it added.  Jio Payments Bank On Expansion In Tolling Ecosystem Jio Payments Bank Managing Director & CEO Vinod Easwaran said Our expansion into the tolling ecosystem is a natural progression of our mission to digitise everyday payments and build smart financial infrastructure at scale.   By leveraging the synergy of digital capabilities with the group ecosystem we are actively building capabilities to participate in the evolving mobility ecosystem in India Easwaran said. 


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