Highway Infrastructure Ltd Secures Rs. 15 Crore Contract from NHAI
Filing Summary
Highway Infrastructure Ltd has secured a contract from the National Highways Authority of India (NHAI) for the operation and collection of user fees at Katiyara Fee Plaza in Bihar. The contract, valued at **Rs. 15,63,99,930**, was formalized on March 20, 2026, and is scheduled for execution within 90 days. The company will take over operations on April 5, 2026. The contract includes the maintenance of adjacent toilet blocks. This development follows the receipt of a Letter of Acceptance on February 25, 2026.
Highway Infrastructure Ltd has entered into a contract with the National Highways Authority of India (NHAI) for the operation and collection of user fees at the Katiyara Fee Plaza. The contract was signed on March 20, 2026, and is valued at Rs. 15,63,99,930. The company is scheduled to commence operations on April 5, 2026, with a completion timeline of 90 days.
The contract involves the engagement of a user fee agency through e-tender for the Katiyara Fee Plaza, located at Km 77+821 of Village-Katiyara, District-Rohtas. This is part of the project for the four-laning of the Pararia-Mohania section of NH-319 (old NH-30) from Km 54+530 to Km 115+330 in Bihar. Additionally, the contract includes the upkeep and maintenance of adjacent toilet blocks, including the recouping of consumable items.
The contract was awarded by a domestic entity, and there is no interest from the promoter or promoter group companies in the entity that awarded the contract. The transaction does not fall within related party transactions.
The National Highways Authority of India is responsible for the development, maintenance, and management of national highways in India. It plays a crucial role in the expansion and modernization of the country’s road infrastructure.
Highway Infrastructure Ltd focuses on infrastructure development, particularly in the construction and management of highways and related facilities. The company prioritizes expanding its operational capabilities and enhancing its service offerings in the infrastructure sector.