Highway Infrastructure Limited has informed the Exchange about Bagging/Receiving of orders/contracts
HILINFRA · price
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Highway Infrastructure Limited has formally signed a contract agreement on 8th January 2026 with the National Highways Authority of India (NHAI) for operating and collecting user fees at the Kaza Fee Plaza on the Chilakaluripet-Vijayawada section of NH-16 (82.5 km stretch) in Andhra Pradesh. The contract is valued at approximately Rs. 328.78 crores and has a tenure of one year. The company is scheduled to take over the fee plaza on 23rd January 2026. The work also includes upkeep and maintenance of adjacent toilet blocks. This follows the Letter of Acceptance received on 9th December 2025.
This is a significant government order worth Rs. 328.78 crores that adds a new revenue stream from toll collection on a major national highway. The one-year contract with NHAI provides visibility into near-term earnings, though the short duration means the company will need to compete again for renewal.