Award17 Aug 2026, 08:40 pm
Highway Infrastructure Ltd Wins ₹80.17 Cr Palayam Fee Plaza Contract
AI Summary
Highway Infrastructure Limited has received a Letter of Acceptance (LOA) from the National Highways Authority of India (NHAI) for the operations at Palayam Fee Plaza in Tamil Nadu. The contract is valued at ₹80,16,99,930 and includes user fee collection and upkeep of adjacent toilet blocks. The contract is for a period of 90 days and is awarded by a domestic entity. This award signifies a new business opportunity for the company in the toll plaza management sector.
Key Highlights
- Secured ₹80.17 Cr contract for Palayam Fee Plaza operations.
- Contract awarded by National Highways Authority of India (NHAI).
- Includes user fee collection and toilet block maintenance.
- Execution period for the contract is 90 days.
Price Impact
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