StockWatch
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Road Assets–Toll, Annuity, Hybrid-Annuity
Deals26 Oct 2026, 08:20 pm

Highway Infrastructure Bags ₹91.78 Cr NHAI Contract for User Fee Collection

AI Summary

Highway Infrastructure Limited has received a Letter of Award (LOA) from the National Highways Authority of India (NHAI) for the operation and collection of user fees at the Baiti Kala Fee Plaza in Uttar Pradesh. The contract is valued at Rs. 91,77,77,777/- (Rupees Ninety-One Crore Seventy-Seven Lakh Seventy-Seven Thousand Seven Hundred Seventy-Seven Only) and has a tenure of one year. This award pertains to the operation of the fee plaza on the Sultanpur-Varanasi section of National Highway 56 (New NH-731) and includes the upkeep of adjacent toilet blocks. The company has confirmed that there are no promoter interests in the awarding entity and the contract is not a related party transaction.

Key Highlights

  • Secured a one-year contract from NHAI for user fee collection.
  • Contract value stands at Rs. 91.78 Crore.
  • The project involves operation of Baiti Kala Fee Plaza in Uttar Pradesh.
  • Includes maintenance of adjacent toilet facilities.
  • No promoter interest or related party transaction involved.