Highway Infrastructure Secures ₹24.46 Crore Contract from NHAI in Tamil Nadu
Highway Infrastructure Limited received a Letter of Acceptance from NHAI for operations at Velanchettiyur Fee Plaza, Tamil Nadu. The contract is valued at ₹24.46 crore and is for user fee collection and plaza maintenance. The execution period for this domestic contract is 90 days.
The contract value of ₹24.46 crore is significant for the company and will contribute to its revenue, but it is not a transformative deal that would drastically alter its financial standing.
The company has secured a new order, which is a positive development indicating business growth and revenue generation.
Highway Infrastructure Limited (HILINFRA) has announced receiving a Letter of Acceptance (LOA) from the National Highways Authority of India (NHAI) for operations at the Velanchettiyur Fee Plaza in Tamil Nadu. The contract is valued at ₹24.46 crore (Rupees Twenty-Four Crore Forty-Five Lakh Ninety-Nine Thousand Nine Hundred and Thirty Only).
The agreement pertains to the engagement of a User Fee Collection Agency through e-quotation via e-tender for the Velanchettiyur Fee Plaza, located at Km 332+000 on the Karur to Dindigul Section of NH-7. The scope of work also includes the upkeep and maintenance of adjacent toilet blocks, including the recoupment of consumable items.
The contract is to be executed within a period of 90 days. This award is considered a domestic contract, and neither the promoter nor promoter group companies have any interest in NHAI. The transaction does not fall under related party transactions. The LOA was issued by NHAI on 30th September 2026.
What to do with a filing like this
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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See the model portfoliosA plain-language summary of a public exchange filing by Highway Infrastructure Limited. Read the original for the full detail.