Business Update30 Sept 2026, 05:50 pm
Highway Infrastructure Bags ₹220.66 Cr Toll Plaza Contract
AI Summary
Highway Infrastructure Ltd has secured a significant Work Order for the Gorakhpur Link Expressways, involving the collection of user fees and operation of toll plazas. This contract, valued at ₹220.66 Crore (₹220,66,33,332), spans two years. The scope includes operating toll plazas and deploying four patrol-cum-safety vehicles. The contract follows a Letter of Acceptance (LOA) received earlier and is with the Uttar Pradesh Expressways Industrial Development Authority (UPEIDA). The consideration includes an annual escalation of 10% for the second year.
Key Highlights
- Secured ₹220.66 Crore contract for Gorakhpur Link Expressways.
- Contract involves toll plaza operations and user fee collection.
- Scope includes deployment of patrol and safety vehicles.
- Contract duration is for two years with annual escalation.
- Awarded by Uttar Pradesh Expressways Industrial Development Authority.
Price Impact
More from HILINFRA