MoneyWorks4Me

Highway Infrastructure secures LoA worth Rs 340.07 crore from NHAI

24 Oct 2026 Evaluate

Highway Infrastructure has received the Letter of Acceptance (LoA) of Rs 340.07 crore from National Highways Authority of India (NHAI) for Engagement of user fee collection agency on the basis of competitive bidding through E-Tender for Palayam Fee Plaza at Km 154/500 of NH-44 in Krishnagiri to Thumbipadi section from Km 94.000 to Km 180.000 on BOT basis in the State of Tamil Nadu.

The LoA also involves upkeep/maintenance of adjacent Toilet blocks including recouping the consumable items. The said order is expected to be executed in 1 year.    

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 3645.00
Kalpataru Projects 1279.95
NCC 116.30
Rail Vikas Nigam 180.10
KEC International 327.55
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