Highway Infrastructure Ltd has received a Letter of Acceptance (LOA) worth ₹1.55 billion from the National Highways Authority of India (NHAI). The contract involves toll operations and infrastructure management, strengthening the company’s project portfolio. This milestone highlights its growing presence in India’s road infrastructure sector and revenue visibility.
Highway Infrastructure Ltd has announced the receipt of a Letter of Acceptance (LOA) valued at ₹1.55 billion from the National Highways Authority of India (NHAI). The award pertains to toll operations and user-fee collection at designated plazas, reinforcing the company’s role in India’s expanding highway infrastructure ecosystem.
The LOA is expected to enhance the company’s revenue stream and operational footprint, while also contributing to improved efficiency in toll management. Analysts note that such contracts provide long-term visibility and stability, positioning Highway Infrastructure Ltd as a key player in the infrastructure and engineering sector.
This development comes amid India’s continued push for better road connectivity and modernization of highway networks, offering significant opportunities for private operators.
Key Highlights
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LOA Value: ₹1.55 billion.
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Awarding Authority: National Highways Authority of India (NHAI).
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Scope: Toll operations and user-fee collection.
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Strategic Impact: Strengthens project pipeline and revenue visibility.
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Sector Context: Aligns with India’s infrastructure growth and modernization drive.
Sources: MarketScreener, BSE Corporate Filings, Highway Infrastructure Ltd Announcements