HIL has executed a work order from the Uttar Pradesh Expressways Industrial Development Authority (UPEIDA) for toll collection and plaza management services on the Gorakhpur Link Expressway. The two-year contract is valued at Rs 220.66 crore, including Rs 105.08 crore for the first year. A 10% escalation will apply in the second year.
Separately, HIL received a Letter of Acceptance from the National Highways Authority of India (NHAI) on September 30, 2026, for toll operations at the Velanchettiyur Fee Plaza on NH-7 in Tamil Nadu. The contract is valued at Rs 24.46 crore.
Including these new contracts and its existing tolling operations, HIL expects its tolling business to generate more than Rs 400 crore in revenue over the next two years.
