Noida Toll Bridge Company (NTBCL), incorporated in 1996 is a special purpose vehicle (SPV) promoted by Infrastructure Leasing and Financial Services (IL&FS) and New Okhla Industrial Development Authority. The company was formed to develop, construct, operate and maintain the Delhi Noida toll bridge on a build, own, operate and transfer (BOOT) basis. The Group operates in two segments namely Toll Revenue and License Fee. The company`s principal business is operating the bridge, the revenues being generated mainly through the levy of toll charges on users of the bridge. NTBL has set up a 100% subsidiary, DND Flyway, for the implementation of development rights. Part of the surplus land on the Noida side has been transferred to the subsidiary.