Hazoor Multi Projects Awarded NHAI LOA for Toll Collection in Karnataka

Hazoor Multi Projects Ltd announced that it has been awarded a Letter of Award (LOA) by NHAI for toll collection services on a key stretch of National Highway 150A in Karnataka. The contract, valued at ₹44.23 crore, appoints the company as the user fee collection agency at the Balenahalli fee plaza.

The designated stretch spans from Challakere to Hiriyur, covering approximately 52 kilometers of the four-lane highway. This award strengthens Hazoor’s footprint in infrastructure services and highlights its growing role in India’s road management sector.

Industry analysts note that such contracts provide steady revenue streams and reinforce the company’s credibility in handling large-scale infrastructure projects.

Key Highlights:

• Contract Value: ₹44.23 crore awarded by NHAI.
• Location: NH-150A, Challakere to Hiriyur section in Karnataka.
• Scope: Toll collection at Balenahalli fee plaza.
• Strategic Impact: Expands Hazoor’s infrastructure portfolio.
• Revenue Outlook: Provides stable cash flow from highway operations.

This development positions Hazoor Multi Projects as a stronger player in India’s infrastructure ecosystem, aligning with the government’s push for efficient highway management.

Sources: Business Upturn, Hazoor Multi Projects Regulatory Filing, NHAI Updates