Highway Infrastructure Secures LOA For Venkatapalem Fee Plaza Operations

The award comes as part of the National Highways Authority of India’s (NHAI) ongoing efforts to streamline toll collection and enhance efficiency across major routes. Highway Infrastructure’s entry into Venkatapalem is expected to improve operational transparency and support revenue generation for the state.

Project Details
The Venkatapalem Fee Plaza, located on a key highway corridor, will now be managed by Highway Infrastructure under the new LOA. The contract, valued at ₹354.4 million, underscores the importance of private participation in toll operations and infrastructure development.

Strategic Impact
By securing this project, Highway Infrastructure expands its footprint in toll plaza operations, aligning with India’s broader push for modernized highway management. The company is expected to integrate advanced tolling systems, including FASTag, to ensure smoother commuter experiences and efficient revenue collection.

Key Highlights

• Highway Infrastructure receives LOA for Venkatapalem Fee Plaza
• Project valued at ₹354.4 million
• Focus on efficient toll collection and transparency
• Expansion of company’s toll management portfolio
• Integration of FASTag for seamless commuter experience

Sources: NHAI updates, Business Standard, Economic Times