Business Update27 Jul 2026, 06:00 pm
Highway Infrastructure Ltd Secures ₹28.69 Cr Work Order for Kozhinjipatti Fee Plaza
AI Summary
Highway Infrastructure Ltd has entered into a Contract Agreement for the operation and collection of user fees at the Kozhinjipatti Fee Plaza on NH-44 in Tamil Nadu. This work order, awarded by the National Highways Authority of India (NHAI), is valued at ₹28,68,99,930 and is to be executed within 90 days. The scope includes the operation of the fee plaza and upkeep of adjacent toilet blocks. This contract follows an earlier Letter of Acceptance (LOA) and is considered a domestic contract with no promoter interest involved.
Key Highlights
- Secured ₹28.69 Cr work order for Kozhinjipatti Fee Plaza operation.
- Contract awarded by National Highways Authority of India (NHAI).
- Execution period for the contract is 90 days.
- Scope includes user fee collection and maintenance of facilities.
- No promoter interest in the awarding entity.
Price Impact
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