Letter of Award (LOA) received from the National Highways Authority of India ("NHAI").
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B.R.Goyal Infrastructure Ltd has received a work order from the National Highways Authority of India (NHAI) for acting as the user fee collection agency at Kathpur Fee Plaza on the Himmatnagar-Chiloda section of NH-8 in Gujarat. The contract is valued at Rs. 91.70 crore and also covers upkeep and maintenance of adjacent toilet blocks. The contract duration is one year, awarded through an e-tender process. The order is from a domestic government entity and is not a related-party transaction.
This is a sizable new contract win from a government client, which should boost the company's near-term revenue visibility and order book. For shareholders, it signals ongoing business traction in NHAI toll collection, though the one-year duration means the benefit is largely short-term unless renewed.