Highway Infrastructure Secures Rs 69 Crores EPC Order from Indore Authority
Filing Summary
Highway Infrastructure Ltd has secured an EPC order valued at Rs 69.68 crores from the Indore Development Authority for urban road development. The project involves the development of the Kumedi–Lasudiya Mori corridor up to A.B. Road, with a completion timeline of 2.5 years. This order increases the company’s EPC order book by 52% year-to-date, reaching Rs 633 crores. The total consolidated order book now stands at Rs 1,144 crores. The project aligns with the company’s strategy to expand its EPC portfolio in high-growth urban corridors.
Highway Infrastructure Ltd has announced the receipt of an Engineering, Procurement, and Construction (EPC) order from the Indore Development Authority valued at Rs 69.68 crores. The project involves the development of the Kumedi–Lasudiya Mori corridor up to A.B. Road. This order is part of the Town Planning Scheme-08 and aims to support urban mobility and planned growth initiatives in Indore. The project has a stipulated execution timeline of 2.5 years.
The order valued at Rs 69.68 crores will contribute to the company’s financial growth. The EPC order book has increased by 52% year-to-date, reaching Rs 633 crores from Rs 417 crores in March 2025. The total consolidated order book of the company now stands at Rs 1,144 crores. The Tollways collection order book has also seen significant growth, increasing by 348% from Rs 114 crores to Rs 510 crores since March 2025.
The scope of the project includes the development of a strategically important road corridor that is crucial for Indore’s urban infrastructure. The project will enhance urban mobility and support planned growth initiatives in the region. The development of the Kumedi–Lasudiya Mori corridor is expected to improve connectivity and facilitate the movement of goods and people across the city.
The project aligns with Highway Infrastructure Ltd’s strategic focus on expanding its EPC portfolio across high-potential urban and regional growth corridors. The company is actively partnering with government agencies on transformative development programs. This order further strengthens the company’s presence in Madhya Pradesh’s urban infrastructure landscape.
The project is expected to be completed within a 2.5-year timeline. The Indore Development Authority has awarded the contract, and the project will be executed under the Town Planning Scheme-08. The timeline and scope of work are clearly defined, ensuring efficient project execution and delivery.
Indore Development Authority is responsible for the planning and development of infrastructure projects in Indore. The authority focuses on urban development initiatives that enhance the city’s infrastructure and support its growth objectives.
Highway Infrastructure Ltd is an integrated infrastructure development and management company with operations across tollways collection, EPC projects, and real estate. The company operates in 11 states and 1 Union Territory, leveraging advanced technology for efficient toll operations and high-quality project execution. Guided by an experienced leadership team, the company is strategically positioned to capitalize on emerging opportunities in India’s infrastructure and urban transport sectors.