
Business Update9 Oct 2026, 09:00 am
Highway Infra Wins ₹24.46 Cr NHAI Toll Operations Contract
AI Summary
Highway Infrastructure Limited (HIL) has secured a work order from the National Highways Authority of India (NHAI) for the operation and collection of user fees at the Velanchettiyur Fee Plaza in Tamil Nadu. The contract, valued at Rs. 24.46 crore, covers toll fee collection and upkeep of adjacent facilities for a period of 90 days. This mandate on the Karur-Dindigul section of NH-7 strengthens HIL's presence in Southern India and its toll management segment. The company, an integrated infrastructure platform, sees this as a step towards expanding its tollway collection portfolio and enhancing medium-term revenue visibility.
Key Highlights
- Secured Rs. 24.46 crore contract from NHAI for toll operations.
- Contract duration is 90 days for Velanchettiyur Fee Plaza.
- Strengthens HIL's footprint in Southern India.
- Enhances medium-term revenue visibility and order book.
- Aligns with strategy of expanding across high-traffic corridors.
Price Impact
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