Deals24 Jul 2026, 10:50 am
Highway Infrastructure Secures ₹28.69 Cr Toll Operations Contract
AI Summary
Highway Infrastructure Limited (HIL) has received a Letter of Acceptance (LOA) from the National Highways Authority of India (NHAI) for toll operations and user fee collection at the Kozhinjipatti Fee Plaza on NH-44 in Tamil Nadu. The contract is valued at ₹28.69 crores and spans 90 days, including upkeep of adjacent facilities. This award strengthens HIL's operational portfolio, enhances revenue visibility, and expands its geographic presence in South India, positioning the company to capitalize on the growing road infrastructure sector.
Key Highlights
- Secured ₹28.69 crore toll operations contract from NHAI.
- Contract covers toll collection and facility upkeep for 90 days.
- Enhances revenue visibility and expands geographic footprint in South India.
- Demonstrates confidence in HIL's execution capabilities.
Price Impact
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