Highway Infrastructure Limited has entered into a Contract Agreement on 08th October 2026 for the operation of Velanchettiyur Fee Plaza in the State of Tamil Nadu. This follows the company's earlier intimation dated 30th September 2026 regarding receipt of the Letter of Award (LOA) for this project.
The contract involves:
- Engagement of User Fee Collection Agency through E-Quotation via E-Tender
- Operation and collection of user fee at Velanchettiyur Fee Plaza at Km 332+000
- Location: 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)
- Upkeep and maintenance of adjacent toilet blocks including recouping consumable items
The contract has been awarded by a domestic entity and is classified as domestic. The time period for execution is 90 days. The total contract value is ₹24,45,99,930 (Rupees Twenty-Four Crore Forty-Five Lakh Ninety-Nine Thousand Nine Hundred and Thirty Only).
The company confirms that neither the promoter/promoter group companies have any interest in the entity that awarded the contract, nor does this contract constitute a related party transaction.
The announcement was digitally signed by Palak Rathore, Company Secretary & Compliance Officer (Membership No. A-73755) on 08th October 2026 at 19:16:49 IST.