Highway Infrastructure Limited has informed the Exchange about Bagging/Receiving of orders/contracts
HILINFRA · price
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Highway Infrastructure Limited has started toll collection operations at the Kiratpur Fee Plaza in Uttar Pradesh, following a Letter of Award received from the National Highways Authority of India (NHAI) on July 17, 2025. The total contract value is Rs. 84.78 crore (Rs. 84,77,77,777). This is a government infrastructure project awarded by NHAI. The transition from LOA to actual commencement of operations represents execution of the contract.
The commencement of toll collection adds a new revenue stream from a government-backed infrastructure project worth Rs. 84.78 crore, which is a positive development for the company. Investors should view this as a step in the company's execution of its order book, though the actual revenue impact will be spread over the toll collection period.