Contract Details
Highway Infrastructure Limited has received a Letter of Acceptance from NHAI for the operation and collection of user fees at the Velanchettiyur Fee Plaza in Tamil Nadu. The contract carries a value of Rs. 24.46 crore and was awarded on September 30, 2026.
Project Scope and Location
The mandate covers the operation of the Velanchettiyur Fee Plaza located on the four-lane Karur-Dindigul section of NH-7, one of the key highway corridors in Tamil Nadu. The scope of work includes toll fee collection as well as upkeep and maintenance of adjacent toilet facilities, including replenishment of consumables.
Project Duration
The project is scheduled to be executed over a period of 90 days.
Strategic Significance
The contract strengthens HIL's footprint in Southern India and aligns with its strategy of expanding across high-traffic national highway corridors. The growing portfolio of toll operation mandates highlights the Company's strong credentials and reinforces its positioning in the toll management segment.
Management Commentary
Mr. Arun Kumar Jain, Managing Director, Highway Infrastructure Limited stated: "We are pleased to receive the Rs. 24.46 crore contract from NHAI for the operation of the Velanchettiyur Fee Plaza in Tamil Nadu. This order further expands our tollway collection portfolio and strengthens our presence across key national highway corridors. Continued success in securing orders is enhancing our medium-term revenue visibility and underscores our proven execution capabilities. With a healthy bidding pipeline and growing opportunities across the highway infrastructure sector, we remain well positioned to expand our order book, drive sustainable growth, and create long-term value for stakeholders."
Company Background
Highway Infrastructure Ltd is a leading infrastructure development and management company with diversified operations across tollways collection, EPC projects, and real estate. Operating across 11 states and 1 Union Territory, the company leverages advanced technology for efficient toll operations and high-quality project execution.