HIL Wins Major Toll Ops Contract From NHAI
ROADS & HIGHWAYS

HIL Wins Major Toll Ops Contract From NHAI

Highway Infrastructure (HIL), an integrated infrastructure development and management company with capabilities across toll operations, EPC infrastructure and real estate, has received a Letter of Award (LOA) from the National Highways Authority of India (NHAI) for operating the Kaza Fee Plaza on the Chilakaluripet–Vijayawada stretch of NH-16 from Km 355.000 to Km 437.500, covering 82.5 km in Andhra Pradesh.

Valued at Rs 3.29 billion, the LOA represents the company’s largest-ever single work contract. The mandate covers user-fee collection and operations management for one year, including maintenance and upkeep of adjacent toilet blocks and consumables on NH-16, a critical north–south corridor.

This award marks an important milestone in HIL’s growth trajectory. The company’s order book has risen by around 103 per cent, increasing from Rs 5.31 billion in March 2025 to more than Rs 10 billion at present, strengthening revenue visibility and supporting its long-term strategy.

Order Book Position

As of 10 November 2025, HIL’s order book stood at Rs 7.50 billion. With the addition of the latest contract, the consolidated order book now totals Rs 10.78 billion, comprising Rs 5.77 billion in EPC projects and Rs 5.02 billion in toll projects. Since March 2025, the EPC order book has grown by 38 per cent, while the tollways collection order book has expanded by 340 per cent.

Managing Director Arun Kumar Jain said: “Securing the company’s largest-ever toll operations contract is a landmark achievement that reinforces our capability to manage high-value projects at scale. Crossing the Rs 10 billion order book milestone positions us for accelerated growth and stronger financial performance. Our robust pipeline ensures sustained revenue visibility, and executing larger projects successfully will enhance our eligibility for even bigger opportunities. With past challenges behind us, we are now entering a phase of strong, profitable growth.”

Highway Infrastructure (HIL), an integrated infrastructure development and management company with capabilities across toll operations, EPC infrastructure and real estate, has received a Letter of Award (LOA) from the National Highways Authority of India (NHAI) for operating the Kaza Fee Plaza on the Chilakaluripet–Vijayawada stretch of NH-16 from Km 355.000 to Km 437.500, covering 82.5 km in Andhra Pradesh. Valued at Rs 3.29 billion, the LOA represents the company’s largest-ever single work contract. The mandate covers user-fee collection and operations management for one year, including maintenance and upkeep of adjacent toilet blocks and consumables on NH-16, a critical north–south corridor. This award marks an important milestone in HIL’s growth trajectory. The company’s order book has risen by around 103 per cent, increasing from Rs 5.31 billion in March 2025 to more than Rs 10 billion at present, strengthening revenue visibility and supporting its long-term strategy. Order Book Position As of 10 November 2025, HIL’s order book stood at Rs 7.50 billion. With the addition of the latest contract, the consolidated order book now totals Rs 10.78 billion, comprising Rs 5.77 billion in EPC projects and Rs 5.02 billion in toll projects. Since March 2025, the EPC order book has grown by 38 per cent, while the tollways collection order book has expanded by 340 per cent. Managing Director Arun Kumar Jain said: “Securing the company’s largest-ever toll operations contract is a landmark achievement that reinforces our capability to manage high-value projects at scale. Crossing the Rs 10 billion order book milestone positions us for accelerated growth and stronger financial performance. Our robust pipeline ensures sustained revenue visibility, and executing larger projects successfully will enhance our eligibility for even bigger opportunities. With past challenges behind us, we are now entering a phase of strong, profitable growth.”

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