Highway Infrastructure Wins Rs1,550 Million NHAI Order in Gujarat
ROADS & HIGHWAYS

Highway Infrastructure Wins Rs1,550 Million NHAI Order in Gujarat

Highway Infrastructure has secured a contract from the National Highways Authority of India for fee plaza operations and maintenance in Gujarat valued at Rs1,550 million (mn). The order covers multiple toll plazas and follows the company winning competitive bids for regional infrastructure services. The company indicated the contract will expand its operational footprint in western India.

The contract was awarded by the authority after an evaluation of technical and financial proposals and is structured to include routine maintenance and toll collection services. It specifies service level requirements and compliance measures to be met over the concession term. The concession length and starting date were outlined in the company filing to exchanges.

Analysts expect the order to contribute to revenue visibility for the company in the near term and to support margins through operating efficiencies. The company will allocate resources from its existing operations and may engage local contractors for specialised maintenance work. Financial impact was summarised by the company as accretive to earnings in the current fiscal period.

Company officials said implementation will follow statutory clearances and operational handover procedures and is expected to commence within weeks of formal award. The contract strengthens the company's position in highway services and aligns with its strategy to expand toll portfolio across states. Investors will monitor execution progress and regulatory compliance as the project advances.

The award comes at a time of renewed activity in road infrastructure procurement, with authorities prioritising maintenance and efficient toll collection to improve travel reliability. Highway Infrastructure's experience in managing toll operations and its existing network are expected to facilitate a smooth transition and mitigate mobilisation risks, according to the filing and operational plan. Management will focus on compliance, safety and technology-enabled collection systems to meet contractual benchmarks and preserve asset performance over the concession period.

Highway Infrastructure has secured a contract from the National Highways Authority of India for fee plaza operations and maintenance in Gujarat valued at Rs1,550 million (mn). The order covers multiple toll plazas and follows the company winning competitive bids for regional infrastructure services. The company indicated the contract will expand its operational footprint in western India. The contract was awarded by the authority after an evaluation of technical and financial proposals and is structured to include routine maintenance and toll collection services. It specifies service level requirements and compliance measures to be met over the concession term. The concession length and starting date were outlined in the company filing to exchanges. Analysts expect the order to contribute to revenue visibility for the company in the near term and to support margins through operating efficiencies. The company will allocate resources from its existing operations and may engage local contractors for specialised maintenance work. Financial impact was summarised by the company as accretive to earnings in the current fiscal period. Company officials said implementation will follow statutory clearances and operational handover procedures and is expected to commence within weeks of formal award. The contract strengthens the company's position in highway services and aligns with its strategy to expand toll portfolio across states. Investors will monitor execution progress and regulatory compliance as the project advances. The award comes at a time of renewed activity in road infrastructure procurement, with authorities prioritising maintenance and efficient toll collection to improve travel reliability. Highway Infrastructure's experience in managing toll operations and its existing network are expected to facilitate a smooth transition and mitigate mobilisation risks, according to the filing and operational plan. Management will focus on compliance, safety and technology-enabled collection systems to meet contractual benchmarks and preserve asset performance over the concession period.

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