Highway Infrastructure Secures Rs. 328 Crore NHAI Contract
Filing Summary
Highway Infrastructure Limited has received a Letter of Acceptance from the National Highways Authority of India (NHAI) for a contract valued at Rs. 328 Crore. The contract involves the operation and collection of user fees at the Kaza Fee Plaza on the Chilakaluripet-Vijayawada section of NH-16 in Andhra Pradesh. The agreement, awarded through competitive bidding, includes maintenance of adjacent facilities and is set for a one-year term. This development was disclosed under Regulation 30 of SEBI’s Listing Obligations and Disclosure Requirements.
Highway Infrastructure Limited has announced the receipt of a Letter of Acceptance (LOA) from the National Highways Authority of India (NHAI). The LOA pertains to a contract valued at Rs. 328,77,77,777 for the operation of the Kaza Fee Plaza. This plaza is located on the Chilakaluripet-Vijayawada section of NH-16, covering a stretch from Km.355.000 to Km.437.500 in Andhra Pradesh.
The contract was awarded through a process of competitive bidding conducted via e-tender. It includes the operation and collection of user fees at the Kaza Fee Plaza. Additionally, the contract encompasses the upkeep and maintenance of adjacent toilet blocks, which includes the replenishment of consumable items. The duration of the contract is specified as one year.
The award of this contract was officially communicated by NHAI on December 9, 2025. The details of the contract were disclosed in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended. The filing also confirms that the contract does not involve any related party transactions and that there is no interest from the promoter or promoter group companies in the entity awarding the contract.
National Highways Authority of India is a government agency responsible for the development, maintenance, and management of national highways in India. It operates under the Ministry of Road Transport and Highways and is tasked with ensuring the smooth functioning of the national highway network.
Highway Infrastructure Limited focuses on infrastructure development projects, particularly in the road and highway sectors. The company engages in the construction, operation, and maintenance of highway projects, aiming to enhance transportation infrastructure across various regions.