Highway Infrastructure Limited Secures ₹220.66 Crore Toll Plaza Contract
Highway Infrastructure Limited signed a ₹220.66 crore contract with UPEIDA for toll plaza operations on Gorakhpur Link Expressway. The contract spans two years, including user fee collection and deployment of safety vehicles. The first year's value is ₹105.07 crore, with a 10% annual escalation.
The contract value of ₹220.66 crore represents a substantial addition to the company's order book and is expected to significantly impact its financial performance.
The company has secured a significant new contract, which is a positive development for its business operations and revenue.
Highway Infrastructure Limited (HILINFRA) has officially entered into a contract agreement on September 30, 2026, for the collection of user fees and operation of toll plazas along the Gorakhpur Link Expressway. This follows an earlier Letter of Acceptance (LOA) received on September 16, 2026.
The contract, awarded by the Uttar Pradesh Expressways Industrial Development Authority (UPEIDA), is a domestic work order with a total value of ₹220.66 crore (USD 26.48 million). This includes ₹105.07 crore for the first year, with a 10% annual escalation for the second year.
The scope of work also involves the deployment of four patrol-cum-safety vehicles with necessary personnel to manage these vehicles. The execution period for this contract is two years. There are no promoter interests or related party transactions involved in this award.
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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 high impact, which is the band that most often changes something.
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