Award16 Sept 2026, 06:00 pm
Highway Infrastructure Wins ₹220 Cr Toll Plaza Contract
AI Summary
Highway Infrastructure Limited has secured a significant Letter of Award (LOA) from Uttar Pradesh Expressways Industrial Development Authority (UPEIDA) for the Gorakhpur Link Expressway. The contract, valued at ₹220.66 crore over two years, involves the collection of user fees and operation of toll plazas. It also includes the deployment of four patrol-cum-safety vehicles with personnel. The first year's consideration is ₹105.08 crore, with a 10% annual escalation for the second year. This award signifies a substantial business win for the company in the infrastructure sector.
Key Highlights
- Secured ₹220.66 Cr contract for Gorakhpur Link Expressway.
- Contract includes toll collection and plaza operations.
- Deployment of 4 patrol vehicles is part of the scope.
- Awarded by Uttar Pradesh Expressways Industrial Development Authority.
- Contract duration is for two years with annual escalation.
Price Impact
More from HILINFRA