Highway Infrastructure Secures ₹80.17 Crore NHAI Contract for Palayam Fee Plaza Operations
Highway Infrastructure Limited has entered into a Contract Agreement with the National Highways Authority of India (NHAI) for the operation and collection of user fees at Palayam Fee Plaza on NH-44 in Tamil Nadu. The company announced on August 21, 2026, following its earlier disclosure dated August 17, 2026 regarding the receipt of the Letter of Acceptance (LOA).
₹80.17 Crore Contract from NHAI
Under the contract, Highway Infrastructure will operate the Palayam Fee Plaza at Km 154+500 on the Krishnagiri to Thumbipadi section of NH-44, covering the stretch from Km 94+000 to Km 180+000. The project will be executed on a BOT (Build, Operate and Transfer) basis in Tamil Nadu.
The total consideration of the contract is ₹80,16,99,930, or approximately ₹80.17 crore. The contract has been awarded by NHAI through an e-quotation/e-tender process for the engagement of a user fee collection agency.
Scope of Work
The scope of the contract primarily includes the operation of the Palayam Fee Plaza and collection of user fees from highway users. In addition, Highway Infrastructure will be responsible for the upkeep and maintenance of the adjacent toilet blocks, including the replenishment of consumable items.
The contract is classified as a domestic work order, with an execution period of 90 days.
Order Details
- Client: National Highways Authority of India (NHAI)
- Project: Operation and user fee collection at Palayam Fee Plaza
- Location: NH-44, Krishnagiri to Thumbipadi section, Tamil Nadu
- Fee Plaza: Palayam Fee Plaza at Km 154+500
- Contract Value: ₹80.17 crore
- Execution Period: 90 days
- Nature of Contract: Work order for operation and collection of user fee
- Awarding Process: E-Quotation through e-Tender
- Entity Type: Domestic
- Promoter Interest in Awarding Entity: No
- Related Party Transaction: No
Highway Infrastructure Order Book Outlook
The NHAI contract strengthens Highway Infrastructure’s presence in the highway operation and user-fee collection segment. The ₹80.17 crore order provides the company with an additional business opportunity in Tamil Nadu and adds to its portfolio of highway-related operations.
The company has confirmed that neither its promoter/promoter group has any interest in NHAI nor does the contract fall under related party transactions.
Key Takeaway
Highway Infrastructure Limited has secured an ₹80.17 crore contract from NHAI for operating and collecting user fees at Palayam Fee Plaza on NH-44 in Tamil Nadu. With a 90-day execution period, the contract covers toll collection operations along with maintenance of adjacent toilet facilities. The order highlights continued opportunities for the company in highway operation and fee collection projects.
Disclaimer: This article is based on the company’s regulatory filing dated August 21, 2026. It is intended for informational purposes only and should not be considered investment advice or a recommendation to buy or sell any security. Investors should conduct their own research and consult a qualified financial advisor before making investment decisions.