Industrialist Mukesh Ambani-backed Jio Financial Services Ltd, through its subsidiary Jio Payments Bank Ltd (JPBL), has entered the next-gen road tolling space by securing a contract to implement the Multi-Lane Free Flow (MLFF) barrierless toll collection system at two toll plazas on the Gurugram–Jaipur national highway.
The move comes under the National Highways Authority of India’s (NHAI) initiative to introduce technology-enabled, camera-based tolling, enabling vehicles to move without stopping, improving user convenience and ensuring strong toll revenue collection.
NHAI’s promoted entity, Indian Highways Management Company Limited (IHMCL), is leading the rollout of MLFF using FASTag and Automatic Number Plate Recognition (ANPR) technologies. Leading players such as ICICI Bank, Airtel Payments Bank, and IDFC First Bank were also in the race for these contracts.
According to Jio Financial Services, a total of five MLFF bids have been awarded so far, with JPBL winning two.
“Securing the contract to collect and process toll for an MLFF project is a significant milestone,” the company said, adding that it builds on its FASTag-based toll operations started in July 2025.
JPBL already manages toll operations at 11 toll plazas across India as an acquirer bank. With the addition of these two MLFF projects, the company aims to play a pivotal role in India’s digital highway payments ecosystem.
The first phase of MLFF deployment will cover around 25 National Highway fee plazas this financial year. Each project will involve a bank or financial entity working with a system integrator to set up and operate the barrierless toll system.
Industry stakeholders say that while the initial focus is on publicly funded toll plazas, private concessionaires are also beginning to transition, and future highway concession agreements may mandate the use of MLFF.
Jio Financial Services, a core investment company registered with the RBI, operates a full-stack financial services platform through entities such as Jio Credit, Jio Insurance Broking, Jio Payment Solutions, Jio Leasing Services, Jio Finance Platform & Services, and Jio Payments Bank Ltd.
With this win, Jio further strengthens its presence in digital payments infrastructure and national highway operations, positioning itself at the forefront of India’s upcoming barrierless tolling revolution.
