Highway Infrastructure Secures Rs. 154 Crore NHAI Contract
Filing Summary
Highway Infrastructure Ltd has entered into a contract with the National Highways Authority of India (NHAI) for the operation of the Moti Naroli Fee Plaza in Gujarat. The contract, valued at approximately Rs. 154 Crore, involves the collection of user fees and maintenance of adjacent facilities. The agreement was finalized on February 20, 2026, and is set to be executed within 90 days. This contract does not involve any related party transactions, and the promoter group has no interest in the awarding entity.
Highway Infrastructure Ltd has entered into a contract agreement with the National Highways Authority of India (NHAI) for the operation of the Moti Naroli Fee Plaza in Gujarat. The contract was signed on February 20, 2026, following the receipt of a Letter of Acceptance on February 16, 2026.
The contract involves the engagement of a user fee agency at multiple locations, including Moti Naroli Fee Plaza, Ena Fee Plaza, and Gandevi Fee Plaza. These locations are part of the Eight Lane Vadodara – Mumbai Expressway, covering various sections from Km 190.000 to Km 292.000. The scope of work includes the collection of user fees and the upkeep and maintenance of adjacent toilet blocks, including the recouping of consumable items.
The total consideration for this contract is Rs. 154,59,99,930, which is approximately Rs. 154 Crore. The contract is to be executed within a period of 90 days. The awarding entity, NHAI, is a domestic organization, and the contract does not fall under related party transactions. Additionally, the promoter or promoter group companies of Highway Infrastructure Ltd have no interest in NHAI.
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 implementation of highway projects and the facilitation of efficient road transport across the country.
Highway Infrastructure Ltd focuses on infrastructure development, particularly in the construction and operation of highways and related facilities. The company is committed to enhancing transportation infrastructure and ensuring efficient management of toll operations across its projects.