Highway Infrastructure secures Rs 1.09 crore e-bus charging contract
HILINFRA · price
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Highway Infrastructure has signed a contract with Atal Indore City Transport Services Limited for the PM E-Bus Seva project. The work covers external electrification for e-bus charging at Dewas Naka Depot, Niranjanpur. The domestic contract is worth Rs 1,08,68,000. It was signed on October 15 and confirmed on October 28, 2025, and must be completed within four months. It requires 3% performance security and a further 14% bank guarantee.
May support revenue, but margins and payment terms are not disclosed; completing the work within four months is the key execution risk.