Highway Infrastructure Wins ₹220.66 Cr UPEIDA Toll Contract

Core Announcement – Order Details

Awarding Entity: Uttar Pradesh Expressways Industrial Development Authority (UPEIDA)

Domestic/International Order: Domestic

Nature of Order/Contract:

Work Order for Collection of User Fees and Operation of Toll Plazas at Gorakhpur Link Expressway, including deployment of 04 number of Patrol-cum-safety vehicles with required personnel manning these vehicles.

Order Value:

₹220,66,33,332/- (Rupees Two Hundred and Twenty Crore Sixty-Six Lakh Thirty Three Thousand Three Hundred Thirty-Two only). This includes ₹105,07,77,777/- (Rupees One Hundred and Five Crore Seven Lakh Seventy-Seven Thousand Seven Hundred Seventy-Seven only) for the First Year and an escalation of 10% (ten percent) per annum for the second-year period.

Materiality Context: Not Specified

Execution Timeline:

02 Year

Revenue Recognition / Billing Structure: Not Specified

Key Terms & Payment Milestones: Not Specified

Whether Related Party Transaction: No

Promoter Group Involvement: No

Financial Implication: Not Specified