Highway Infra Wins Rs 3.28 Billion NHAI Toll Contract
ROADS & HIGHWAYS

Highway Infra Wins Rs 3.28 Billion NHAI Toll Contract

Highway Infrastructure Limited has secured a contract worth Rs 3.28 billion from the National Highways Authority of India, marking a significant order win in the highways operations segment.

The contract pertains to the operation and collection of user fees at the Kaza Fee Plaza on the Chilakaluripet–Vijayawada stretch of National Highway 16 in Andhra Pradesh. The highway section spans 82.5 kilometres and the project was awarded through a competitive bidding process.

Under the agreement, Highway Infrastructure will also be responsible for the upkeep and maintenance of adjacent toilet blocks at the fee plaza, including the replenishment of consumable items. According to the company’s regulatory filing, the contract tenure is one year.

The company entered into the formal contract agreement on 8 January 2026, following the receipt of the letter of acceptance in December 2025. Operations at the fee plaza are scheduled to be taken over from 23 January 2026.

Highway Infrastructure confirmed that the contract has been awarded by a domestic entity and that neither the company’s promoter nor the promoter group has any interest in the awarding authority. The transaction does not qualify as a related party transaction.

Meanwhile, the company’s shares ended lower on 8 January. Shares of Highway Infrastructure Limited closed at Rs 58.18 on the NSE, down 3.19 per cent.

Highway Infrastructure Limited has secured a contract worth Rs 3.28 billion from the National Highways Authority of India, marking a significant order win in the highways operations segment. The contract pertains to the operation and collection of user fees at the Kaza Fee Plaza on the Chilakaluripet–Vijayawada stretch of National Highway 16 in Andhra Pradesh. The highway section spans 82.5 kilometres and the project was awarded through a competitive bidding process. Under the agreement, Highway Infrastructure will also be responsible for the upkeep and maintenance of adjacent toilet blocks at the fee plaza, including the replenishment of consumable items. According to the company’s regulatory filing, the contract tenure is one year. The company entered into the formal contract agreement on 8 January 2026, following the receipt of the letter of acceptance in December 2025. Operations at the fee plaza are scheduled to be taken over from 23 January 2026. Highway Infrastructure confirmed that the contract has been awarded by a domestic entity and that neither the company’s promoter nor the promoter group has any interest in the awarding authority. The transaction does not qualify as a related party transaction. Meanwhile, the company’s shares ended lower on 8 January. Shares of Highway Infrastructure Limited closed at Rs 58.18 on the NSE, down 3.19 per cent.

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code