Hazoor Multi Projects Secures NHAI Contract Worth Rs 24.33 Crores for Fee Plaza Management in Madhya Pradesh
Hazoor Multi Projects Limited has been awarded a Letter of Award (LOA) by the National Highways Authority of India (NHAI). The contract involves managing user fee collection at the Ramnagar fee plaza on New NH27 in the State of Madhya Pradesh, along with the upkeep and maintenance of adjacent facilities.The project details specify that Hazoor Multi Projects will function as the Contractor for collecting user fees at the Ramnagar fee plaza, located at Km 1280.370 from the Baran-Shivpuri section (Km 1251.814 to 1305.087) of NH 27. The scope also includes maintaining adjacent toilet blocks and recouping consumable items for these facilities.
The Letter of Award was received on August 10, 2026, following a competitive bidding process conducted through E-tender by the National Highways Authority of India (NHAI).
A summary of the project details is provided below:
| Particulars | Details |
|---|---|
| Entity Awarding Contract | National Highways Authority of India (NHAI) |
| Nature of Project | Collection of User Fee and Upkeep/Maintenance |
| Location / Scope | Ramnagar fee plaza on New NH 27, Madhya Pradesh |
| Contract Duration | One Year |
| Total Consideration | Rs 24,33,33,090/- (Rupees Twenty Four Crores Thirty Three Lakhs Thirty Three Thousand and Ninety Only) |
The contract falls under the category of collection of user fees and is classified as a domestic project. Hazoor Multi Projects Limited will execute this order for a period of one year.
Stock Price Movement
As of 13:24, Hazoor Multi Projects Ltd. is edging higher at ₹21.47, gaining 0.94%. Shares are demonstrating intraday movement after trading between a low of ₹21.28 and a high of ₹21.70.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.