Highway Infrastructure Limited Bags ₹80.17 Crore Contract from NHAI
Highway Infrastructure Limited received a Letter of Acceptance from NHAI for operations at Palayam Fee Plaza in Tamil Nadu. The contract is valued at ₹80.17 Crore and is for user fee collection and maintenance. The execution period is 90 days.
The order value of ₹80.17 Crore is substantial and is expected to contribute to the company's revenue and growth, but it is a short-term contract (90 days).
The company has secured a significant new order, which is a positive development for its business.
Highway Infrastructure Limited (HILINFRA) has announced receiving a Letter of Acceptance (LOA) from the National Highways Authority of India (NHAI) for operations at the Palayam Fee Plaza in Tamil Nadu.
The contract is valued at ₹80,16,99,930 (Rupees Eighty Crore Sixteen Lakhs Ninety-Nine Thousand Nine Hundred and Thirty Only) and is for the engagement of a User Fee Collection Agency. The scope of work includes the collection of user fees and the upkeep/maintenance of adjacent toilet blocks. The contract is to be executed within a period of 90 days.
The Letter of Award was issued by NHAI on 17th August 2026. This award is considered a domestic contract and does not fall under related party transactions, nor do the promoters have any interest in the awarding entity.
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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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