Highway Infrastructure Wins ₹69.78 Crore Toll Plaza Contract from NHAI
Highway Infrastructure Limited has received a Letter of Acceptance (LOA) from the National Highways Authority of India (NHAI) for the operation of Muzaina Hetim Fee Plaza located on the Gorakhpur – Kasia – UP/Bihar Border section of NH-28 in Uttar Pradesh.
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By finchetak.com September 3, 2025
The contract includes:
Collection of user fees at the fee plaza (located at Km 361.902).
Upkeep and maintenance of adjacent toilet blocks, including replenishment of consumable items.
The order is valued at ₹69.78 crore and has been awarded for a 365-day period.
Highway Infrastructure confirmed that the contract is purely domestic, awarded by NHAI.
The company said the development marks another step in strengthening its position in highway operations and infrastructure services across India.
Highway Infrastructure Limited’s stock hovered in the ₹94–₹95 range today, continuing to trade below its 52-week high of ₹131.40, hit mid-August 2025. The current level marks a ~28% decline from peak levels and sits around 6–7% above its 52-week low of ₹88.01, recorded in late August.
