Highway Infrastructure Ltd. Secures Contract for Katiyara Fee Plaza Operations
Highway Infrastructure Limited announced it has entered into a contract agreement on March 20, 2026, to execute operations at the Katiyara Fee Plaza in Bihar. This follows a Letter of Acceptance received on February 25, 2026. The company is scheduled to take over the Fee Plaza on April 5, 2026.The contract, awarded by the National Highways Authority of India (NHAI), involves the operation and collection of user fees at the Katiyara Fee Plaza, located on NH-319. The project pertains to the four-laning of the Pararia-Mohania section. The contract’s duration is 90 days, with a consideration of Rs. 15,63,99,930. The agreement also includes the upkeep and maintenance of adjacent toilet blocks.
According to the terms, the company will be engaged as a user fee agency through e-tender. Neither the promoter nor promoter group companies have any interest in NHAI. The transaction is not considered a related party transaction.
| Particulars | Description | |
|---|---|---|
| 1 | Name of the entity awarding the order(s) /contract(s); | National Highways Authority of India (NHAI) |
| 2 | Significant terms and conditions of order(s)/contract(s) awarded in brief | 1. Engagement of user fee agency through e-tender for Katiyara Fee Plaza. 2. Upkeep/maintenance of adjacent Toilet blocks including recouping the consumable items |
| 3 | Whether order(s) / contract(s) have been awarded by domestic/ international entity | Domestic entity |
| 4 | Nature of order(s) / contract(s) | Award of contract for operation and collection of user fee at Katiyara Fee Plaza. |
| 5 | Whether domestic or international | Domestic |
| 6 | Time period by which the order(s) / contract(s) is to be executed | 90 Days |
| 7 | Broad consideration or size of the order (s) /contract (s); | Rs. 15,63,99,930/- |
| 8 | Whether the promoter/ promoter group companies have any interest in the entity that awarded the order(s)/contract(s )? | No |
| 9 | Whether the order(s)/contract(s) would fall within related party transactions? If yes, whether the same is done at "arm's length". | No |
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