Highway Infrastructure Bags ₹80.17 Crore Toll Collection Order from NHAI in Tamil Nadu

Highway Infrastructure Limited has secured a significant contract worth ₹80,16,99,930 (₹80.17 crore) from the National Highways Authority of India (NHAI) for toll collection operations in Tamil Nadu.

The company announced that it received the Letter of Acceptance (LOA) from NHAI on August 17, 2026.

Key Highlights of the Contract

Awarding Authority: National Highways Authority of India (NHAI) (Domestic Entity).

Scope of Work:

Engagement as the User Fee Collection Agency via E-Quotation/E-Tender for the Palayam Fee Plaza at Km 154+500 of NH-44.

Section: Krishnagiri to Thumbipadi section (Km 94+000 to Km 180+000) on Build-Operate-Transfer (BOT) basis in Tamil Nadu.

Upkeep and maintenance of adjacent toilet blocks, including recouping consumable items.

Contract Value: ₹80,16,99,930 (Rupees Eighty Crore Sixteen Lakhs Ninety-Nine Thousand Nine Hundred and Thirty Only).

Execution Period: 90 days.

Shares of Highway Infrastructure Limited was last trading in BSE at Rs. 44.59 as compared to the previous close of Rs. 44.58. The total number of shares traded during the day was 16240 in over 219 trades.

The stock hit an intraday high of Rs. 45.30 and intraday low of 43.40. The net turnover during the day was Rs. 718702.00.

Source : Equity Bulls

Keywords

HighwayInfrastructure INE00RL01028 RoadAssets Toll Hybrid Annuity Contract NHAI TamilNadu