Highway Infrastructure Limited (HIL) has announced a significant development in its operations, securing a contract worth Rs. 31.08 crore for the management of the Chotiya Fee Plaza in Chhattisgarh. This move marks an important step in the company's expansion of its toll plaza operations portfolio.

Contract Details

The contract, awarded by the National Highways Authority of India (NHAI), involves the operation of the Chotiya Fee Plaza located at kilometer 117.150 on the 2-lane highway with paved shoulders, stretching from Katghora to Shivnagar in Chhattisgarh. This section is part of NH-111 (New NH-130), covering the stretch from design kilometer 82.500 to kilometer 163.400.

Scope of Work

As per the agreement, Highway Infrastructure Limited's responsibilities will include:

1. Engagement in user fee collection for the operation of the Chotiya Fee Plaza.
2. Upkeep and maintenance of adjacent toilet blocks, including the replenishment of consumable items.

Financial and Operational Aspects

Company Statement

The company made this announcement in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The contract agreement was entered into on September 24, 2025, demonstrating HIL's continued growth in the infrastructure management sector.

Market Impact

This contract win is expected to bolster Highway Infrastructure Limited's position in the toll plaza operations market. It showcases the company's capability to secure and manage significant infrastructure projects, potentially opening doors for similar opportunities in the future.

The successful execution of this contract could contribute positively to the company's revenue stream over the next year, providing a stable source of income and potentially enhancing shareholder value.

As Highway Infrastructure Limited prepares to take on this new responsibility, investors and market watchers will likely keep a close eye on the company's performance in managing the Chotiya Fee Plaza and its impact on the overall financial health of the organization.

Highway Infrastructure Limited (HIL) has announced a significant development in its operations, securing a lucrative contract with the National Highways Authority of India (NHAI) for toll plaza management on a key expressway segment.

Contract Details

HIL has signed a contract worth ₹189.7 crore with NHAI for toll plaza operations on the Delhi-Vadodara Greenfield Expressway spur to Jaipur. The agreement entails the company managing toll collection services on this strategic highway segment, further solidifying its position in the infrastructure sector.

Project Specifics

According to the company's latest disclosure to the stock exchanges, the contract involves:

• Operation of a 4-Lane Greenfield Expressway spur from Delhi-Vadodara Greenfield expressway near Bandikui to Jaipur in the state of Rajasthan
• Implementation on a Hybrid Annuity Mode
• Upkeep and maintenance of adjacent toilet blocks, including replenishment of consumable items

Contract Terms

Operational Timeline

HIL is scheduled to take over the Fee Plaza operations on September 11, 2025, following the contract agreement signed on September 10, 2025.

Company Statement

Palak Rathore, Company Secretary & Compliance Officer of Highway Infrastructure Limited, confirmed the development in a regulatory filing. The company views this contract as a significant opportunity to expand its footprint in highway infrastructure management.

Additional Contract

In a separate but related development, HIL also secured another NHAI contract for the operation of the Muzaina Hetim Fee Plaza in Uttar Pradesh. This contract, valued at ₹69.78 crore, involves toll collection on the Gorakhpur – Kasia – UP/Bihar Border section of NH-28 for a period of 365 days.

These recent contracts underscore Highway Infrastructure Limited's growing presence in the toll plaza operations sector and its continued partnership with NHAI in developing and managing crucial highway infrastructure across India.