Highway Infrastructure secures NHAI contract for expressway management
pre-market1 source ↓written by the desknot a recommendation
- valued
- ₹154.60 cr
- is set
- 90 days
Highway Infrastructure Ltd has received a Letter of Acceptance from the NHAI for the operation, management, and maintenance of toll plazas along the Vadodara–Mumbai Expressway. The contract, valued at ₹154.60 cr, covers tolling from Km 190 to Km 292 and includes a daily remittance of ₹1.71 cr. The execution period is set for 90 days.
This contract enhances the company's position in the infrastructure sector, potentially boosting investor sentiment and operational revenue.
Not investment advice. For informational purposes only.