Highway Infrastructure Secures Rs 880 Million Contracts With NHAI

16 Sep 2025 CW Team

Highway Infrastructure (HIL) has signed two contracts with the National Highways Authority of India (NHAI), collectively valued at over Rs 880 million.

Both agreements, finalised on 10 September 2025, cover toll fee collection and maintenance of public facilities along key highway corridors in Rajasthan and Uttar Pradesh.

The first contract involves operating a 4-lane Greenfield Expressway spur linking the Delhi-Vadodara Greenfield Expressway near Bandikui to Jaipur, Rajasthan. Awarded under the Hybrid Annuity Model, the project also includes upkeep of adjacent toilet blocks and consumables. The contract is valued at Rs 190 million and is expected to be completed within 90 days.

The second contract covers toll fee collection at the Muzaina Hetim fee plaza on Km 361.902 of the Gorakhpur-Kasia UP/Bihar Border section of National Highway-28 in Uttar Pradesh. This agreement includes maintenance of nearby toilet facilities and replenishment of consumables. Valued at Rs 698 million, the project is slated for 365 days of execution.

HIL confirmed that neither its promoters nor related entities have any interest in the awarding authority, and both contracts do not qualify as related party transactions under regulatory norms.

Based in Madhya Pradesh, HIL operates across toll collection, EPC (Engineering, Procurement, and Construction) projects, and real estate. The company has completed 27 tollway projects, currently operating four, utilising advanced ETC (Electronic Toll Collection) and ANPR (Automatic Number Plate Recognition) systems. Its EPC division has delivered over 66 projects in roads, bridges, and irrigation under government schemes including PMAY and PMGSY, while the real estate arm expands in Indore with residential and integrated township projects.

In FY25, toll collection contributed over 77 per cent of HIL’s revenue. As of 31 May 2025, the company’s order book stood at Rs 6.66 billion. The stock rose 0.39 per cent to Rs 88.37 on the BSE.

Real Estate

26 Jun 2026

AGM Vijaylaxmi launches Sixty3 W.E. Bizpark

AGM Vijaylaxmi Group has launched Sixty3 W.E. Bizpark, a mixed-use commercial development in Goregaon East, Mumbai. The project includes contemporary office spaces and a high-street retail component designed to support businesses, retailers and professionals.Located along the Western Express Highway, Sixty3 W.E. Bizpark is planned as a G+25-storey commercial tower. It offers office spaces ranging from 545 sq ft to 3,200 sq ft, with a 3.60 metre floor-to-floor height aimed at improving spatial comfort, natural light and operational efficiency.The project features a high-street retail boulevard ..

Manglam Group to Develop Sheraton Hotel in Jaipur

Manglam Group has signed an agreement with Marriott International to develop a Sheraton hotel on the Jaipur–Ajmer Highway in Jaipur. The project will feature 220 keys and is being developed with an investment of around Rs 3.5 billion across more than 300,000 sq ft.The hotel marks Manglam Group’s third collaboration with Marriott International and forms part of its Rs 10 billion hospitality investment roadmap. The agreement was signed by Amrita Gupta, Director, Manglam Group and CEO, Manglam Spa and Resorts, and Rajeev Menon, President, Asia Pacific excluding Greater China, Marriott Interna..

India Warehousing Show 2026 opens at YashoBhoomi

India's warehousing, logistics, and supply chain ecosystem came together as the 15th edition of India Warehousing Show (IWS) 2026 opened at YashoBhoomi, India International Convention & Expo Centre (IICC), Dwarka, New Delhi on June 25 (Thursday). Organised by RX India, the three-day event will run from 25-27 June 2026, bringing together policymakers, industry leaders, technology providers, and supply chain professionals under one roof. It also features a two-day knowledge conference that will run alongside the exhibition. Inaugurated by Pankaj Kumar, Joint Secretary - Logistics, DPIIT..