Highway Infrastructure Ltd has signed a contract agreement valued at ₹156.4 million for the Katiyara Fee Plaza project. The deal strengthens the company’s portfolio in toll management and infrastructure services, reinforcing its role in India’s expanding highway network.
The agreement marks a significant milestone for Highway Infrastructure Ltd as it continues to expand its footprint in toll operations. The Katiyara Fee Plaza project is expected to enhance efficiency in toll collection and support smoother traffic management along key routes.
Contract Details
The contract, valued at ₹156.4 million, covers the operation and management of the Katiyara Fee Plaza. This project is part of India’s broader push to modernize highway infrastructure and streamline tolling systems.
Strategic Importance
By securing this contract, Highway Infrastructure Ltd strengthens its position in the infrastructure services sector. The project is expected to contribute to improved revenue streams while supporting the government’s focus on efficient highway management.
Key Highlights
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Contract value of ₹156.4 million
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Agreement for Katiyara Fee Plaza operations
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Focus on toll management and traffic efficiency
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Strengthening presence in India’s highway infrastructure sector
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Supports modernization of tolling systems
Sources: Company announcement, infrastructure reports