Highway Infrastructure has secured a Letter of Award (LOA) worth Rs 117.6 million from the National Highways Authority of India (NHAI) for toll operations and maintenance on the 4-lane Ujjain–Garth section of NH-752D in Madhya Pradesh. The contract, awarded through a competitive e-tendering process, covers toll fee collection and facility upkeep for 90 day The award of a toll-operations contract by the National Highways Authority of India (NHAI) to Highway Infrastructure Ltd (HIL) marks a noteworthy development in India’s highway infrastructure sector. Under the terms of the agreement, HIL will assume responsibility for a designated segment of National.
Highway 752D (NH-752D), with a contract value of approximately Rs 117.6 million (around Rs 11.76 crore) for a 90-day operational period From the company’s perspective, this contract underscores its growing strength in highway asset operations. HIL is engaged in toll collection, management of ancillary highway facilities and infrastructure development; this fresh award enhances its operational footprint. The ability to secure short-term (90-day) contracts provides agility and offers additional revenue streams during a period when long-term concessions can take years to mobilise On the NHAI side, awarding such contracts signals the authority’s strategy.
Contract Value of Approximately
To optimise operational efficiency for highway stretches by partnering with experienced toll-operating entities. The model allows NHAI to ensure toll collection, maintenance of user facilities and adherence to standards, without having to operate the assets directly. It reflects a broader trend in India’s infrastructure landscape where asset-management and operations are increasingly outsourced to private or specialised infrastructure firms The section of NH-752D in question, while not detailed publicly in full in the press releases, is part of India’s expanding highway network being managed by NHAI under various models including toll, operate and transfer.
(TOT) and hybrid-annuity frameworks. The assignment gives HIL the charge of managing the toll operations for that section, ensuring revenue collection, monitoring traffic flows, maintaining user-amenities (such as rest areas, sanitation services or other facilities) and ensuring (NHAI) compliance with the prescribed service levels For HIL, this contract may serve multiple strategic purposes. First, it bolsters the company’s order book and revenue base from non-construction and non-EPC streams, shifting more focus onto operations and maintenance. As reported, in recent months the company also secured other major contracts: two separate toll collection public facility.
Contracts from NHAI worth over Rs 88 crore combined, signed in September 2025 Such a pipeline suggests HIL is progressively positioning itself as a platform for toll operations and highway asset management rather than purely as a construction player Moreover, such contracts help improve the company’s visibility among investors and stakeholders. Operating contracts have different risk and return profiles compared to large-scale construction contracts: they typically involve a steady revenue stream, lesser upfront CAPEX for the firm (compared to heavy EPC spend), and longer visibility of cashflow if longer duration contracts are won. While the current 90-day.
Duration is short, it could pave the way for larger or longer contracts in the future From the infrastructure sector vantage point, the deal is a microcosm of the government’s push to monetise infrastructure assets, optimise highway operations and engage private parties for management, maintenance and revenue collection. The NHAI’s collaboration with firms like HIL reflects an evolving model that goes beyond simply building roads it extends into how those roads are managed, used and monetised. The wider context includes mega corridors, expressways and major expansions across India’s highway network Internally for HIL, the company will need to execute.
Influence Future Contract
The contract efficiently: ensure toll collection processes are smooth, deploy electronic tolling or automated number-plate recognition (ANPR) if applicable, maintain user amenities and deliver the agreed service levels. Quality of execution can influence future contract awards and operational credibility. Additionally, from a financial standpoint, ensuring that the contract generates profitability (after operational costs, maintenance, staffing, toll administration) is key Externally, stakeholders such as investors, analysts and the infrastructure community will view this contract in light of HIL’s broader strategy. Is this the firm shifting towards an operations-led model.
How many such contracts can it win and sustain? How scalable is the model? For the government and NHAI, such awards, while small relative to mega-projects, serve as testbeds and confidence builders for a broader rollout of operation-management models across the highway network HIL’s win of the Rs 117.6 million toll contract from NHAI represents a meaningful step in the company’s evolution, and a reflection of the Indian highway sector’s shift towards outsourced operations and management. It reinforces the value of operational expertise in infrastructure and highlights the increasing role of specialised players in managing road-assets, collecting.
User fees and ensuring service delivery. For professionals, investors and industry watchers, such developments underscore that the business of highways is no longer just about building (NHAI) it’s also about running, maintaining and monetising.
Q1. What exactly has Highway Infrastructure Ltd won?
They have won a toll operations contract from the National Highways Authority of India (NHAI) valued at Rs 117.6 million (≈ Rs 11.76 crore) for a defined highway section for a 90-day period.
Q2. Which highway and section does the contract cover?
Te contract is for the section of NH‑752D under NHAI’s purview
Q3. What does the contract entail for Highway Infrastructure Ltd?
It involves toll‐collection operations, and likely facility maintenance for that stretch (as this is typical for such contracts).
Q4. Why is this contract significant for the company?
It adds to the company’s toll-operating portfolio, reinforces its credibility in infrastructure asset management, and potentially improves its revenue stream from operations and maintenance of highway assets.
Q5. What other related contracts has the company secured recently?
In September 2025 they signed two contracts with NHAI worth over Rs 88 crore for toll collection and public facility maintenance along major highway corridors.
