Business Update4 May 2026, 05:51 pm
Highway Infrastructure hands over Katiyara Fee Plaza
AI Summary
Highway Infrastructure Ltd has decided to handover the Katiyara Fee Plaza project in Bihar to the National Highway Authority of India (NHAI) due to its lack of commercial viability. The formal handover occurred on May 5, 2026. The initial contract was for the operation and collection of user fees at the plaza, awarded by NHAI.
Key Highlights
- Highway Infrastructure hands over Katiyara Fee Plaza to NHAI.
- The decision was made due to the project's lack of profitability.
- The formal handover date was May 5, 2026.
- The contract involved operating and collecting user fees.