Oireachtas Joint and Select Committees
Tuesday, 29 November 2022
Joint Oireachtas Committee on Transport, Tourism and Sport
Motorway Toll Charges: Transport Infrastructure Ireland
Mr. Cathal Masterson:
We receive the toll operating plans for all those PPP schemes in September or October. We run through the calculations in the plans and check them against the index to make sure that the calculations are correct. Then it is a matter for the companies, assuming their calculations are correct, whether they wish to raise the charge to the maximum for the following year. They will all have their own reasons for that. I was talking to the company that manages the Limerick Tunnel seeking to get an agreement over the line. It said its electricity bill for has increased 120%, from €I million to €2.2 million. That is a cost PPP companies are bearing. No relief is being provided by TII for that at all.
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