+
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
Real Estate

Peninsula Land launches 19 luxury villas in Pune

Pune’s residential landscape is witnessing a shift as premium homebuyers increasingly seek larger spaces, privacy and independent living options beyond high-rise apartments. Addressing this demand, Peninsula Land Limited, part of the Ashok Piramal Group, has launched AshokVillas, an exclusive collection of 19 premium furnished villas in Gahunje, Pune.The development combines the independence of a standalone home with the convenience and security of a managed residential community. Designed around low-density horizontal living, AshokVillas offers residents private spaces while providing acces..

Next Story
Infrastructure Urban

MyBranch Expands South India Network with 16 Workspace Centres

MyBranch has expanded its South India presence with a 50,000 sq ft flexible workspace network comprising 16 centres across 14 cities in Andhra Pradesh, Karnataka, Tamil Nadu and Telangana.The expansion reflects growing demand for flexible office infrastructure as businesses establish regional teams, satellite offices and operations beyond traditional metropolitan markets. MyBranch’s network spans Bengaluru, Coimbatore, Guntur, Hanamkonda, Hubballi, Hyderabad, Madurai, Mangaluru, Rajahmundry, Salem, Tirupati, Vellore, Vijayawada and Visakhapatnam, with a large office space in Chennai also und..

Next Story
Building Material

Walplast Launches Moisture-Resistant Gypsum Plaster Solutions

Walplast Products Pvt. Ltd. has expanded its HomeSure GypEx portfolio with the launch of GypEx MoistShield and GypEx Gold, two gypsum plaster solutions designed to address moisture-prone applications and improve plastering efficiency.The new products have been developed in response to the growing demand for faster construction processes, improved material performance and consistent surface quality. The solutions aim to simplify interior plastering while addressing specific application requirements across construction environments.“Through HomeSure GypEx MoistShield and GypEx Gold, we are exp..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code