Highway Infrastructure Ltd Secures ₹646.8M Project From NHAI to Enhance Regional Transport Networks

Highway Infrastructure Ltd. announced that it has been awarded a significant project worth ₹646.8 million by the National Highways Authority of India (NHAI). The Letter of Award (LoA) formalizes the company’s role in executing critical highway development work, reinforcing its position as a trusted partner in India’s infrastructure growth.

The project is expected to enhance connectivity, reduce travel time, and support economic activity in the region. Industry observers note that such contracts highlight the government’s commitment to accelerating road construction and modernizing transport networks across the country.

Highway Infrastructure Ltd. emphasized that this award will contribute to its revenue pipeline and strengthen its execution capabilities, aligning with its long-term growth strategy.

Key Highlights

• Project Value: ₹646.8 million.
• Awarding Authority: National Highways Authority of India (NHAI).
• Scope: Highway development and connectivity enhancement.
• Strategic Impact: Strengthens Highway Infrastructure Ltd.’s role in national road projects.
• Economic Significance: Supports regional growth and transport modernization.

This development reflects India’s broader infrastructure push, with NHAI continuing to award projects that drive connectivity and economic progress.

Sources: Business Standard, Moneycontrol, Equity Bulls.