Highway Infrastructure Limited (HIL) has announced a significant development in its business operations. The company, known for its expertise in highway infrastructure development, has secured a contract with a maximum value of 117.6 million rupees (approximately 11.76 crore rupees).

Contract Details

The contract, awarded by the National Highways Authority of India (NHAI), involves the operation and collection of user fees for a specific highway section. Here are the key details of the contract:

Additional Responsibilities

As part of the contract, Highway Infrastructure Limited is also tasked with the upkeep and maintenance of adjacent toilet blocks, including the responsibility of replenishing consumable items.

Timeline

The company has provided a timeline for the project implementation:

• October 23, 2025: Receipt of Letter of Acceptance (LOA)
• October 29, 2025: Signing of Contract Agreement
• October 30, 2025: Scheduled takeover of the Fee Plaza

This contract represents a significant opportunity for Highway Infrastructure Limited to strengthen its position in the highway infrastructure sector. The project aligns with the company's core competencies and could potentially contribute to its revenue stream in the coming quarters.

Stakeholders will likely monitor the company's execution of this project and its potential impact on financial performance.

Highway Infrastructure Limited (HIL) has recently secured two significant contracts for the PM E-Bus Seva project, marking a notable development in the company's portfolio. These contracts, awarded by Atal Indore City Transport Services Limited (AICTSL), involve the supply, installation, testing, and commissioning of external electrification infrastructure for e-bus charging.

Contract Details

Highway Infrastructure Limited has entered into two separate contract agreements, both signed on October 15, 2025, with a four-month execution timeline. Here's a breakdown of the contracts:

Project Scope

Both projects fall under the PM E-Bus Seva initiative, focusing on enhancing the infrastructure for electric bus charging. The scope of work includes:

1. Supply of necessary equipment
2. Installation of charging infrastructure
3. Testing of the installed systems
4. Commissioning of the external electrification infrastructure

Financial Implications

The total value of these contracts amounts to Rs 3.05 crore, providing a significant boost to Highway Infrastructure Limited's order book. This development aligns with the growing emphasis on electric mobility in India's public transportation sector.

Execution Timeline and Terms

Key points regarding the execution of these projects include:

• Both contracts have a four-month execution timeline from the date of signing (October 15, 2025)
• Performance security of 3% is required for each contract
• Additional performance bank guarantees of 14% and 13% respectively are to be provided in the form of term deposit receipts

Market Impact

These contracts represent a strategic move for Highway Infrastructure Limited in the electric vehicle infrastructure sector. As India pushes towards cleaner public transportation, companies like HIL are positioning themselves to play crucial roles in developing the necessary infrastructure.

The successful execution of these projects could potentially open doors for similar contracts in other cities, as the demand for e-bus charging infrastructure is expected to grow across the country.

Investors and market watchers may keep a close eye on Highway Infrastructure Limited's performance in executing these contracts, as it could indicate the company's capability to handle similar projects in the future and its potential in the EV infrastructure space.