Highway Infrastructure Secures ₹286.9M NHAI Toll Operations Contract

MUMBAI — Infrastructure development and toll management provider Highway Infrastructure Ltd announced it has received a Letter of Acceptance (LoA) from the National Highways Authority of India (NHAI) for a contract valued at ₹286.9 million (₹28.69 crore).

The short-term operational mandate covers user fee collection and routine site maintenance at the Kozhinjipatti Fee Plaza, located on the Dindigul-Samayanallur stretch of National Highway 44 (NH-44) in Tamil Nadu. The contract is set for execution over a 90-day period and strengthens the company’s revenue visibility across its core tollways portfolio in Southern India.

Contract Scope and Operational Framework

Under the terms of the official agreement awarded by NHAI, Highway Infrastructure Ltd will take operational charge of toll collection procedures along with adjacent roadside facility upkeep.

The scope of work encompasses managing electronic and manual fee plazas, maintaining traffic management systems, and ensuring continuous replenishment of operational consumables required for seamless plaza throughput. Located on NH-44—India's longest national north-south arterial highway—the Kozhinjipatti toll plaza handles heavy commercial freight, inter-state passenger transport, and regional tourism traffic connecting Madurai and surrounding southern corridors.

Strategic Significance and Regional Portfolio Expansion

The ₹286.9 million contract victory reinforces Highway Infrastructure Ltd’s operational presence within India’s national highway concession framework.

For stock market participants, infrastructure analysts, and commercial transport operators, the contract demonstrates the firm's ongoing active bidding strategy for government fee-collection mandates. Securing steady operational orders on major logistics corridors allows toll management companies to generate predictable cash flow while leveraging existing regional monitoring infrastructure.

Official Sources

According to official disclosures filed under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations with the BSE Limited and the National Stock Exchange of India (NSE), Highway Infrastructure Ltd formally received the Letter of Acceptance from the National Highways Authority of India (NHAI). Additional regulatory details were published via corporate exchange notifications.

Official Statement

"According to officials, the contract further strengthens the company's tollway collection portfolio and reflects the confidence that leading infrastructure authorities place in the firm's operational execution capabilities."

Why It Matters

Toll collection contracts play a critical role in sustaining India's national highway infrastructure financing model. For investors and market observers, securing the ₹286.9 million NHAI project adds short-term revenue stability to Highway Infrastructure Ltd’s order book. For road users, professional plaza management ensures operational efficiency and minimal traffic congestion along busy freight corridors.

Key Facts at a Glance

• Total Order Value: ₹286.9 million (₹28.69 crore).

• Awarding Agency: National Highways Authority of India (NHAI).

• Project Location: Kozhinjipatti Fee Plaza (Dindigul-Samayanallur section of NH-44, Tamil Nadu).

• Contract Duration: 90 days covering toll operations and facility upkeep.

Frequently Asked Questions (FAQ)

What is the value of the new contract secured by Highway Infrastructure Ltd?

Highway Infrastructure Ltd received a Letter of Acceptance for a toll operations contract worth ₹286.9 million (₹28.69 crore).

Who awarded the contract to Highway Infrastructure Ltd?

The contract was awarded by the National Highways Authority of India (NHAI).

Where is the Kozhinjipatti Fee Plaza located?

The fee plaza is situated on the Dindigul-Samayanallur section of National Highway 44 (NH-44) in Tamil Nadu.

Where can investors review official corporate filings for Highway Infrastructure Ltd?

Official notifications and regulatory filings are available on the BSE Limited and the National Stock Exchange of India (NSE).

Source: Official regulatory disclosures filed with the BSE Limited, National Stock Exchange of India, and project updates from the National Highways Authority of India (NHAI).