Highway Infrastructure Ltd receives LOA from NHAI for Muzaina Hetim Fee Plaza in UP

Highway Infrastructure Limited has received the Letter of Acceptance (LOA) for operation of Muzaina Hetim Fee Plaza in the state of Uttar Pradesh. The Letter of Award (LOA) was issued by National Highways Authority of India (NHAI) on September 2, 2025.

The contract is for engagement of user fee collection for Muzaina Hetim fee plaza at Km 361.902 of Gorakhpur - Kasia - UP/Bihar Border section of NH-28 in state of Uttar Pradesh and upkeep/maintenance of adjacent Toilet blocks including recouping the consumable items.

The contract value is Rs. 69,77,77,777/- (Rupees Sixty-Nine Crores Seventy-Seven Lakhs SeventySeven Thousand Seven Hundred Seventy-Seven only)

Shares of Highway Infrastructure Limited was last trading in BSE at Rs. 94.24 as compared to the previous close of Rs. 94.32. The total number of shares traded during the day was 122199 in over 1263 trades.

The stock hit an intraday high of Rs. 96.36 and intraday low of 93.33. The net turnover during the day was Rs. 11528424.00.

Source : Equity Bulls

Keywords

HighwayInfrastructure INE00RL01028 RoadAssets Toll Hybrid Annuity LOA OrderWin FeePlaza NHAI