Highway Infrastructure Limited has informed the Exchange regarding handover of the Katiyara fee plaza.
HILINFRA · price
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Highway Infrastructure Limited has formally handed back a work order from the National Highway Authority of India (NHAI) for operating the Katiyara Fee Plaza in Bihar. The company had received this contract for fee collection and toll plaza operations. However, management determined the project was not commercially profitable and not in the company's interest. The formal handover was completed on May 5, 2026 at 8:00 AM. This follows earlier intimations filed in February and March 2026 regarding this contract.
The company is giving up a toll plaza operation contract, indicating lost revenue opportunity. This may raise concerns about the company's ability to win or retain profitable government infrastructure contracts.