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Highway Infrastructure gets Rs 154.59 crore LoA for Moti Naroli Fee Plaza operations

17 Feb 2026 Evaluate

Highway Infrastructure has received the Letter of Acceptance (LoA) of Rs 154.59 crore for operations at Moti Naroli Fee Plaza in the State of Gujarat. The Letter of Award (LoA) was issued by National Highways Authority of India (NHAI) on February 16, 2026. The order is to be executed within 90 days.

Earlier, the company had commenced toll operations at Kaza Fee Plaza on the Chilakaluripet-Vijayawada section of NH-16 in Andhra Pradesh, effective January 23, 2026.

Highway Infrastructure is an infrastructure development and management company. The company is engaged in the business of tollway collection, infrastructure development and management and real estate business.


Peers
Company Name CMP
Larsen & Toubro 3770.00
Kalpataru Projects 1376.45
NCC 130.30
Rail Vikas Nigam 203.00
KEC International 390.40
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