Highway Infrastructure Wins Rs 1.55 bn NHAI Fee Plaza Order
ROADS & HIGHWAYS

Highway Infrastructure Wins Rs 1.55 bn NHAI Fee Plaza Order

Highway Infrastructure has won a National Highways Authority of India contract for fee plaza operations in Gujarat valued at Rs 1.55 billion (bn). The contract covers operations and maintenance of fee plazas and will be undertaken by the company's operations team. The award was part of the authority's procurement of state road assets. The contract forms part of the company's portfolio of toll asset operations and builds on its experience in managing similar highway assets.

The order is expected to contribute to the company's revenue stream and strengthen its order book in western India. Management indicated the contract aligns with its strategy to expand toll operations and recurring revenue. The firm will mobilise resources and integrate the plazas into its operational network. Company management expects operational efficiencies and standardised processes to underpin margin resilience.

The contract size of Rs 1.55 bn follows the company's recent bidding activity and reflects continued opportunities from highway infrastructure development in the state. Market analysts noted that such contracts typically support medium-term cash flows and asset utilisation. The project will require coordination with the authority for compliance and performance monitoring. Such contracts are generally associated with stable cash generation linked to toll collections, subject to traffic patterns and regulatory oversight.

The award enhances the company's presence in Gujarat and underscores ongoing public investment in road infrastructure. Operational focus will remain on efficiency and service standards while pursuing further bids to grow the portfolio. The company will report the financial impact in upcoming regulatory filings and periodic disclosures. Regulatory disclosures will provide further detail on timing and financial recognition of the contract in due course thereafter.

Highway Infrastructure has won a National Highways Authority of India contract for fee plaza operations in Gujarat valued at Rs 1.55 billion (bn). The contract covers operations and maintenance of fee plazas and will be undertaken by the company's operations team. The award was part of the authority's procurement of state road assets. The contract forms part of the company's portfolio of toll asset operations and builds on its experience in managing similar highway assets. The order is expected to contribute to the company's revenue stream and strengthen its order book in western India. Management indicated the contract aligns with its strategy to expand toll operations and recurring revenue. The firm will mobilise resources and integrate the plazas into its operational network. Company management expects operational efficiencies and standardised processes to underpin margin resilience. The contract size of Rs 1.55 bn follows the company's recent bidding activity and reflects continued opportunities from highway infrastructure development in the state. Market analysts noted that such contracts typically support medium-term cash flows and asset utilisation. The project will require coordination with the authority for compliance and performance monitoring. Such contracts are generally associated with stable cash generation linked to toll collections, subject to traffic patterns and regulatory oversight. The award enhances the company's presence in Gujarat and underscores ongoing public investment in road infrastructure. Operational focus will remain on efficiency and service standards while pursuing further bids to grow the portfolio. The company will report the financial impact in upcoming regulatory filings and periodic disclosures. Regulatory disclosures will provide further detail on timing and financial recognition of the contract in due course thereafter.

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