Highway Infrastructure Limited (HIL) has recently strengthened its position in the electric vehicle infrastructure sector by securing two significant EPC (Engineering, Procurement, and Construction) contracts for e-bus charging facilities in Madhya Pradesh. These contracts, awarded by Atal Indore City Transport Services Limited, are part of the PM E-Bus Seva program, highlighting the company's role in India's push towards sustainable urban transportation.

Dewas Naka Depot Contract

HIL has received a Letter of Acceptance (LOA) for an EPC service contract valued at Rs 1.09 crore. This project involves the supply, installation, testing, and commissioning of external electrification infrastructure for e-bus charging at the Dewas Naka Depot in Indore. Key details of the contract include:

Nayta Mundla Contract

In addition to the Dewas Naka Depot project, HIL has secured another contract for similar services at Nayta Mundla. The details of this contract are as follows:

Contract Specifications

Both contracts share several common features:

• Awarding Entity: Atal Indore City Transport Services Limited
• Nature: Domestic contracts
• Performance Security: To be provided in the form of Term Deposit Receipts
• Related Party Transactions: None involved
• Promoter Interest: No interest from promoter/promoter group companies

These contracts underscore Highway Infrastructure Limited's growing involvement in the development of electric vehicle charging infrastructure, aligning with India's initiatives to promote clean and sustainable urban transportation. The successful execution of these projects within the stipulated four-month timeframe will be crucial for HIL to establish its expertise in this emerging sector and potentially secure similar contracts in the future.

As the electric vehicle market in India continues to expand, companies like Highway Infrastructure Limited are playing a vital role in creating the necessary infrastructure to support this growth. The timely completion of these projects will contribute to the broader goal of enhancing e-mobility options in urban areas, particularly for public transportation systems.

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.