HIL secures Rs 28.69 crore toll operations contract from NHAI
HILINFRA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Highway Infrastructure Ltd has secured a Letter of Acceptance worth Rs 28.69 crores from NHAI for toll collection operations at the Kozhinjipatti Fee Plaza on the Dindigul-Samayanallur section of NH-44 in Tamil Nadu. The 90-day contract covers toll collection and upkeep of adjacent facilities. The plaza sits on a key corridor connecting to Madurai and southern Tamil Nadu, supporting sustained traffic. The win strengthens HILs toll operations portfolio and expands its geographic footprint into South India.
Positive. New government contract boosts revenue visibility and diversifies HILs toll operations into South India.