Highway Infrastructure Receives ₹24.46 Crore NHAI Contract

Core Announcement – Order Details

Awarding Entity: National Highways Authority of India (NHAI)

Domestic/International Order: Domestic

Nature of Order/Contract:

Award of contract for operation and collection of user fee at Velanchettiyur Fee Plaza. The scope includes engagement as a User Fee Collection Agency and upkeep/maintenance of adjacent toilet blocks including recouping consumable items. The plaza is located at Km 332+000 for the 4 Lane divided carriageway facility of Karur to Dindigul Section of NH-7 from Km 292.600 to 373.725 (actual at site 290+000 to Km: 367+725) under NHDP Phase II (TN-04) in the State of Tamil Nadu.

Order Value:

₹24,45,99,930 (Rupees Twenty-Four Crore Forty-Five Lakh Ninety-Nine Thousand Nine Hundred and Thirty Only)

Materiality Context: Not Specified

Execution Timeline:

90 Days

Revenue Recognition / Billing Structure: Not Specified

Key Terms & Payment Milestones: Not Specified

Whether Related Party Transaction: No

Promoter Group Involvement: No. The promoter/promoter group companies have no interest in the entity that awarded the order.

Financial Implication: Not Specified