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.

Highway Infrastructure Limited (HIL) has announced a significant development in its operations, securing a contract worth Rs. 69.78 crore from the National Highways Authority of India (NHAI). The agreement grants HIL the rights to operate the Muzaina Hetim Toll Plaza in Uttar Pradesh, marking a notable expansion in the company's toll collection portfolio.

Contract Details

The contract, valued at Rs. 69,77,77,777 (Rupees Sixty-Nine Crores Seventy-Seven Lakhs Seventy-Seven Thousand Seven Hundred Seventy-Seven), involves the engagement of user fee collection at the Muzaina Hetim fee plaza. The toll plaza is strategically located at Km 361.902 of the Gorakhpur – Kasia – UP/Bihar Border section of NH-28 in the state of Uttar Pradesh.

Scope of Work

Under the terms of the agreement, Highway Infrastructure Limited's responsibilities include:

1. Operating the toll collection facility at the Muzaina Hetim fee plaza
2. Upkeep and maintenance of adjacent toilet blocks
3. Replenishing consumable items related to the facility

Contract Duration and Commencement

The contract is set for a duration of 365 days. According to the company's filing, HIL is scheduled to take over the operations of the Fee Plaza on October 18, 2025.

Corporate Disclosure

In compliance with regulatory requirements, Highway Infrastructure Limited made this announcement under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Management Statement

Palak Rathore, Company Secretary & Compliance Officer of Highway Infrastructure Limited, signed off on the regulatory filing, ensuring transparency and timely communication with the company's stakeholders.

This contract represents a significant opportunity for Highway Infrastructure Limited to strengthen its position in the infrastructure sector, particularly in toll plaza operations. The agreement not only adds to the company's revenue stream but also expands its operational footprint in Uttar Pradesh, one of India's most populous states.