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Road Assets–Toll, Annuity, Hybrid-Annuity
Deals27 Jan 2026, 12:13 pm

Highway Infrastructure Commences Toll Operations Under Its Largest Value Contract at Kaza Fee Plaza

AI Summary

Highway Infrastructure Ltd, an integrated infrastructure development and management company, has started toll operations at Kaza Fee Plaza on the Chilakaluripet-Vijayawada section of NH-16 in Andhra Pradesh. This is the Company's largest value contract and the first-ever toll operations contract of this scale, with a total contract value of 328.77 crore. The project covers 82.5 km on NH-16, a key north-south national highway corridor. This commencement marks the execution of HIL’s first-ever toll operations contract of this scale, with a total contract value of 328.77 crore, awarded by the National Highways Authority of India (NHAI). It is also the largest single toll operations mandate executed by the Company to date, representing a significant scale-up in its tolling vertical. The mandate is strategically aligned with HIL’s asset-light toll operations model, enabling efficient scaling with limited capital commitment, strong operating cash-flow visibility, and rapid conversion of order book into executed revenues. NH-16 is among India’s most heavily trafficked highway corridors and forms a crucial part of the national logistics and passenger transport network. Entry into this Andhra Pradesh stretch expands HIL’s pan-India toll operations footprint, strengthens long-term engagement with NHAI, and reinforces the Company’s credentials as a scalable toll operations partner for large-value national projects. With the addition of recent order wins, including the Kaza Fee Plaza project, HIL’s consolidated order book has strengthened meaningfully, standing at 1,209 crore as on date.

Key Highlights

  • Highway Infrastructure Ltd commences toll operations under its largest value contract at Kaza Fee Plaza.
  • The project covers 82.5 km on NH-16, a key north-south national highway corridor.
  • This is the Company's largest value contract and the first-ever toll operations contract of this scale.
  • The contract is awarded by the National Highways Authority of India (NHAI).
  • This commencement marks the execution of HIL’s first-ever toll operations contract of this scale.
HILINFRA
Road Assets–Toll, Annuity, Hybrid-Annuity
Highway Infrastructure Ltd

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