STOCKWATCH
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Road Assets–Toll, Annuity, Hybrid-Annuity
Deals19 Jan 2026, 05:42 pm

Highway Infrastructure Ltd Receives LOA for Mundka Toll Fee Plaza Operation Worth Rs. 64.69 Crores

AI Summary

Highway Infrastructure Ltd has received a Letter of Acceptance (LOA) from the National Highways Authority of India (NHAI) for operations at Mundka Fee Plaza at Km 22+750 for the project development of UER-11 (NH-344M & NH-344N) in the State of Delhi and Haryana. The LOA is worth Rs. 64,68,99,930/- and was issued on 19th January, 2026. The company is required to engage in user fee agency, upkeep/maintenance of adjacent toilet blocks, and recouping the consumable items. The contract is domestic, and the time period for execution is 90 days.

Key Highlights

  • Highway Infrastructure Ltd received a Letter of Acceptance (LOA) from NHAI for operations at Mundka Fee Plaza.
  • The LOA is worth Rs. 64,68,99,930/- for the project development of UER-11 (NH-344M & NH-344N) in Delhi and Haryana.
  • The company is required to engage in user fee agency, upkeep/maintenance of adjacent toilet blocks, and recouping the consumable items.
  • The contract is domestic and is to be executed within 90 days.
  • The LOA was issued on 19th January, 2026.
HILINFRA
Road Assets–Toll, Annuity, Hybrid-Annuity
Highway Infrastructure Ltd

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