Deals11 Dec 2025, 03:06 pm
Highway Infrastructure Secures Contract Extension for Toll Operations worth Rs. 6.18 Crores
AI Summary
Highway Infrastructure Ltd, an integrated infrastructure development and management company, has secured a contract extension from the National Highways Authority of India (NHAI) for toll operations on the 4-Lane Greenfield Expressway spur from the Delhi-Vadodara Greenfield Expressway in the state of Rajasthan. The contract period has been extended by one month with a contract value of Rs. 6.18 crores. This development strengthens HIL's operating revenue base and contributes positively to the visibility of short-term cash flows within its tolling portfolio.
Key Highlights
- Highway Infrastructure Ltd secures a contract extension for toll operations worth Rs. 6.18 crores from NHAI.
- The contract period for toll fee collection has been extended by one month.
- This development strengthens HIL's operating revenue base and contributes positively to the visibility of short-term cash flows within its tolling portfolio.
- HIL has a robust order book and a growing project pipeline, positioning it strategically to capitalize on emerging opportunities in India’s infrastructure and urban transport sectors.
- HIL has built a strong track record of project delivery and operational excellence.