Highway Infrastructure bags ₹80.17 Crore contract for Palayam Fee Plaza
Highway Infrastructure Limited secured a contract worth ₹80.17 Crore for the operation of Palayam Fee Plaza. The agreement with NHAI is for user fee collection and maintenance of toilet blocks. The contract has a 90-day execution period.
The contract value of ₹80.17 Crore is substantial and will contribute to the company's revenue, but it is a short-term project (90 days).
The company has been awarded a significant contract, which is a positive development for its business operations and revenue.
Highway Infrastructure Limited (HILINFRA) has entered into a Contract Agreement on August 21, 2026, for the operation of the Palayam Fee Plaza. This follows their earlier intimation on August 17, 2026, regarding the receipt of a Letter of Acceptance (LOA) for this project.
The contract is for the engagement of a User Fee Collection Agency at Palayam Fee Plaza, located at Km 154+500 of NH-44, specifically on the Krishnagiri to Thumbipadi section from Km 94+000 to Km 180+000 on a BOT basis in the State of Tamil Nadu.
The scope of work also includes the upkeep and maintenance of adjacent toilet blocks, including recouping consumable items. The contract, awarded by the National Highways Authority of India (NHAI), is a domestic order with a broad consideration of ₹80,16,99,930 (Rupees Eighty Crore Sixteen Lakhs Ninety-Nine Thousand Nine Hundred and Thirty Only).
The execution period for this contract is 90 days, and it does not fall within related party transactions.
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Highway Infrastructure Limited filed this with the NSE as a statutory disclosure, categorised under new orders. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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