The operator "Plato" received a contract for the introduction of such a system in India
The company - operator "Plato", co-owner of which is Igor Rotenberg, began the introduction of a fare payment system based on the GLONASS on the New Delhi - Mumbai highway. Its operation in India can bring up to $ 2-3 billion per year
Plato "is adapted for use in India
The company RT-Invest Transport Systems (RTITS), co-owned by Igor Rotenberg, won the tender for the introduction of a toll-based satellite navigation system GLONASS in India and has already begun its implementation on the New Delhi-Mumbai highway. This was reported to RBC by a representative of the RTITS and confirmed by the representative of the National Highway Agency of India.
The Russian company signed a contract with the National Agency in late December 2018, a representative of RTITS told RBC. Parties do not disclose the cost of the project.
According to Maxim Khudalov, director of the group of corporate ratings of ACRA, the refinement and adaptation of Plato for India can cost about 10–15% of the development cost, that is, 2.9–4.4 billion rubles.
At the same time, RTITS earns not only on the installation of the system, but also on its maintenance: according to Vedomosti, the operator receives at least 10.6 billion rubles in Russia for his services. in year. For 2016, the first full year of operation, Plato in Russia brought about 14 billion rubles, Khudalov notes. Given the Indian scope, we can talk about potential revenues from the system at the level of $ 2-3 billion annually, he adds.
Who does Plato work for?
RTITS, co-owners of which are RT-Invest (50%), Igor Rotenberg (23.5%), Andrei Shipelov (19%) and CEO of the company Anton Zamkov (7.5%), are the developer and operator of Plato, State system of charging on the basis of GLONASS satellite navigation. This system covers 53 thousand km of federal highways and over 1 million trucks weighing over 12 tons. Since the launch of Platon in November 2015, 66 billion rubles have been collected in the road fund. Investments in the creation of the system amounted to 29 billion rubles.
How will deploy the system
The contract for the supply of transport monitoring and control systems based on satellite navigation systems GLONASS and GPS to India was signed in 2010. The fact that India is also interested in the implementation of the Platon system, in November 2017, was spoken by Yevgeny Dietrich, at that time the first deputy minister of transport. In April 2018, the head of the Ministry of Transport, Dietrich, clarified that an agreement with India on the use of the Russian toll system could be signed before the end of the year.
In addition to RTITs, this contract was claimed by other foreign toll systems operators - Skytoll from Slovakia, National Toll Payment Services from Hungary, and the Indian subsidiary of the Austrian company Efkon.
According to the representative of RTITS, work on the deployment of the Platon system on the New Delhi-Mumbai highway with a length of 1.419 thousand km began in January of this year, the launch is scheduled for April.
“The project is being implemented in three stages until the end of 2019. The results of the system will be presented to the Indian road agency for making further decisions, “- said the interlocutor of RBC. Now the technological integration of the Russian system and the FASTag system existing in India is taking place, the existing roads are being digitized, where there will be barrier-free payment - there will be no barriers at the checkpoints, the RTITS representative said.
The vehicles will be equipped with onboard devices based on the GLONASS / IRNSS satellite system, which have been developed specifically for this project.
What results are expected in India from "Plato"
According to the Indian industrial portal IBEF, the road network in India is one of the largest in the world, its total length is about 5.5 million km (almost four times more than in Russia), the length of toll roads is about 12 thousand km. 64.5% of all goods are transported on the country's roads, 90% of the total passenger traffic goes through them.
Anton Zamkov conveyed through a representative that the Platon system would relieve India’s roads of traffic jams, increase the speed of delivery of goods and reduce the costs of cargo carriers and motorists. At the same time, according to Zamkov, within the framework of the project, the company will offer its Indian colleagues to test the developed system of weight and dimensional control and other services.
Ashish Sharma, board member of the National Highways Agency of India, told the RTITS press service that the Plato implementation project is the first step “to organize convenient and non-stop traffic” on the New Delhi-Mumbai transport corridor. “If the Russian technology shows its effectiveness and allows it to solve existing problems on highways, the next step could be to roll out a project across the entire road network in the country,” he said.
Russia's trade representative in India, Yaroslav Tarasyuk, told RBC that not many Russian IT companies operate in India, and there are no such RTITs at all. The Plato system will be in demand, he believes, because it is now taking a lot of time to overcome the fare collection points with barriers on toll roads in India. “If we manage to set up a system of this kind, it will speed up the movement of transport on Indian roads and the transport of goods by road,” Tarasyuk added.
“The RTITS contract with Indians means recognition of our technologies abroad,” said Khudalov. This is one of the first foreign applications of the GLONASS system, so that in the future its operation can be reduced in price, the expert says.
The company - operator "Plato", co-owner of which is Igor Rotenberg, began the introduction of a fare payment system based on the GLONASS on the New Delhi - Mumbai highway. Its operation in India can bring up to $ 2-3 billion per year
Plato "is adapted for use in India
The company RT-Invest Transport Systems (RTITS), co-owned by Igor Rotenberg, won the tender for the introduction of a toll-based satellite navigation system GLONASS in India and has already begun its implementation on the New Delhi-Mumbai highway. This was reported to RBC by a representative of the RTITS and confirmed by the representative of the National Highway Agency of India.
The Russian company signed a contract with the National Agency in late December 2018, a representative of RTITS told RBC. Parties do not disclose the cost of the project.
According to Maxim Khudalov, director of the group of corporate ratings of ACRA, the refinement and adaptation of Plato for India can cost about 10–15% of the development cost, that is, 2.9–4.4 billion rubles.
At the same time, RTITS earns not only on the installation of the system, but also on its maintenance: according to Vedomosti, the operator receives at least 10.6 billion rubles in Russia for his services. in year. For 2016, the first full year of operation, Plato in Russia brought about 14 billion rubles, Khudalov notes. Given the Indian scope, we can talk about potential revenues from the system at the level of $ 2-3 billion annually, he adds.
Who does Plato work for?
RTITS, co-owners of which are RT-Invest (50%), Igor Rotenberg (23.5%), Andrei Shipelov (19%) and CEO of the company Anton Zamkov (7.5%), are the developer and operator of Plato, State system of charging on the basis of GLONASS satellite navigation. This system covers 53 thousand km of federal highways and over 1 million trucks weighing over 12 tons. Since the launch of Platon in November 2015, 66 billion rubles have been collected in the road fund. Investments in the creation of the system amounted to 29 billion rubles.
How will deploy the system
The contract for the supply of transport monitoring and control systems based on satellite navigation systems GLONASS and GPS to India was signed in 2010. The fact that India is also interested in the implementation of the Platon system, in November 2017, was spoken by Yevgeny Dietrich, at that time the first deputy minister of transport. In April 2018, the head of the Ministry of Transport, Dietrich, clarified that an agreement with India on the use of the Russian toll system could be signed before the end of the year.
In addition to RTITs, this contract was claimed by other foreign toll systems operators - Skytoll from Slovakia, National Toll Payment Services from Hungary, and the Indian subsidiary of the Austrian company Efkon.
According to the representative of RTITS, work on the deployment of the Platon system on the New Delhi-Mumbai highway with a length of 1.419 thousand km began in January of this year, the launch is scheduled for April.
“The project is being implemented in three stages until the end of 2019. The results of the system will be presented to the Indian road agency for making further decisions, “- said the interlocutor of RBC. Now the technological integration of the Russian system and the FASTag system existing in India is taking place, the existing roads are being digitized, where there will be barrier-free payment - there will be no barriers at the checkpoints, the RTITS representative said.
The vehicles will be equipped with onboard devices based on the GLONASS / IRNSS satellite system, which have been developed specifically for this project.
What results are expected in India from "Plato"
According to the Indian industrial portal IBEF, the road network in India is one of the largest in the world, its total length is about 5.5 million km (almost four times more than in Russia), the length of toll roads is about 12 thousand km. 64.5% of all goods are transported on the country's roads, 90% of the total passenger traffic goes through them.
Anton Zamkov conveyed through a representative that the Platon system would relieve India’s roads of traffic jams, increase the speed of delivery of goods and reduce the costs of cargo carriers and motorists. At the same time, according to Zamkov, within the framework of the project, the company will offer its Indian colleagues to test the developed system of weight and dimensional control and other services.
Ashish Sharma, board member of the National Highways Agency of India, told the RTITS press service that the Plato implementation project is the first step “to organize convenient and non-stop traffic” on the New Delhi-Mumbai transport corridor. “If the Russian technology shows its effectiveness and allows it to solve existing problems on highways, the next step could be to roll out a project across the entire road network in the country,” he said.
Russia's trade representative in India, Yaroslav Tarasyuk, told RBC that not many Russian IT companies operate in India, and there are no such RTITs at all. The Plato system will be in demand, he believes, because it is now taking a lot of time to overcome the fare collection points with barriers on toll roads in India. “If we manage to set up a system of this kind, it will speed up the movement of transport on Indian roads and the transport of goods by road,” Tarasyuk added.
“The RTITS contract with Indians means recognition of our technologies abroad,” said Khudalov. This is one of the first foreign applications of the GLONASS system, so that in the future its operation can be reduced in price, the expert says.
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