Highway Infrastructure Secures ₹105 Crore Contract for Gorakhpur Link Expressway Operations
Highway Infrastructure Limited received a Letter of Acceptance from UPEIDA for toll plaza operations and user fee collection on Gorakhpur Link Expressway. The contract is valued at ₹105.08 crore for the first year, with a 10% annual escalation, totaling ₹220.66 crore over two years.
The value of the contract is significant and represents a new business win, which is likely to have a material impact on the company's financial performance and growth prospects.
The company has secured a new, substantial order which is expected to contribute positively to its revenue and operations.
Highway Infrastructure Limited has announced the receipt of a Letter of Acceptance (LOA) from the Uttar Pradesh Expressways Industrial Development Authority (UPEIDA) for the collection of user fees and operation of toll plazas along with the deployment of four patrol-cum-safety vehicles for the Gorakhpur Link Expressway.
The contract is valued at ₹105,07,77,777 (Rupees One Hundred and Five Crore Seven Lakh Seventy Seven Thousand Seven Hundred Seventy Seven only) for the first year. Subsequently, the amount will escalate by 10% per annum, bringing the total value for the two-year period to ₹220,66,33,332 (Rupees Two Hundred and Twenty Crore Sixty Six Lakh Thirty Three Thousand Three Hundred Thirty Two only).
The LOA was issued on 16th September 2026. This award signifies a significant development for Highway Infrastructure Limited in expanding its operational footprint.
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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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