NHAI Withdraws LOA for Paranur Fee Plaza from Hazoor Multi Projects

Hazoor Multi Projects Ltd has announced the withdrawal of a Letter of Award (LOA) by the National Highways Authority of India (NHAI) for the collection of user fees at the Paranur Fee Plaza. The withdrawal, effective August 31, 2026, is due to NHAI's proposal to implement a Multi-Lane Free Flow (MLFF) Tolling System at the plaza, expected by September 15, 2026. This decision was made in consideration of the company's request dated August 26, 2026, and the impending system upgrade.