Tollway Collection Company Secures Rs 18.96 Crore NHAI Contract for Expressway Operations in Rajasthan

Highway Infrastructure Limited (HIL), an Indore-based infrastructure company, has secured a major domestic contract from the National Highways Authority of India (NHAI). The project involves the operation and user fee collection of a critical section of the 4-Lane Greenfield Expressway spur in Rajasthan.

The Letter of Acceptance (LOA) was issued on September 3, 2025. The total contract value stands at Rs 18,96,99,930 (Rs 18.96 crore). 

The awarded project covers the operation of a 4-Lane Greenfield Expressway spur that links the Delhi-Vadodara Greenfield Expressway near Bandikui to Jaipur. The project will be executed on a Hybrid Annuity Mode and primarily focuses on fee collection at a designated Fee Plaza.

In addition to user fee management, HIL will also maintain adjacent toilet blocks, including the replenishment of consumable items. This ensures that the contract not only manages toll revenues but also delivers on essential service aspects for travelers.

The project is classified as a domestic order and is scheduled to be completed within 90 days from the award date. With this win, Highway Infrastructure Limited strengthens its portfolio in the highways and toll operations sector, a space where companies often balance fee-based revenue streams with operational responsibilities.

Disclaimer: The article is for informational purposes only and not investment advice.