+
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
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