Highway Infrastructure544477Major contract win
Receives LOA from NHAI for Velanchettiyur Fee Plaza Toll Operations Worth Rs. 24.46 Crore
Received a Letter of Acceptance (LOA) from NHAI to operate and collect user fees at the Velanchettiyur Fee Plaza in Tamil Nadu.
- Contract Value
- Rs. 24.46 crore
- Execution Period
- 90 days
- Awarding Authority
- NHAI
- Award Date
- September 30, 2026
- Location
- Four-lane Karur-Dindigul section of NH-7
Received LOA from NHAI for toll operations
What the company announced
- Highway Infrastructure Limited has received a Letter of Acceptance (LOA) 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.
- The plaza is located on the four-lane Karur-Dindigul section of NH-7, which the release describes as one of the key highway corridors in Tamil Nadu.
Scope of work
- Toll fee collection
- Upkeep and maintenance of adjacent toilet facilities, including replenishment of consumables
Timeline
- The project is scheduled to be executed over a period of 90 days.
What the company said
- Managing Director Arun Kumar Jain said the order expands the company's tollway collection portfolio and strengthens its presence across key national highway corridors.
- He added that continued success in securing orders is enhancing medium-term revenue visibility and underscores the company's execution capabilities.
About the company
- Incorporated in 2006, Highway Infrastructure Ltd describes itself as an infrastructure development and management company with operations across tollways collection, EPC projects and real estate.
- The release states it operates across 11 states and 1 Union Territory.
How to read this
- The update is about a new mandate received from NHAI for toll operation and collection at a specific fee plaza.
- The two figures that anchor the announcement are the contract value of Rs. 24.46 crore and the execution period of 90 days.
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5 Oct 2026
More numbers
- Contract value of the LOA received from NHAIRs. 24.46 crore
- Scheduled project execution period90 days
- States in which the company operates11 states
- Union Territory in which the company operates1 Union Territory
Source: BSE · 1 Oct 2026
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