Madhya Pradesh: Highway Infrastructure (“HIL”), an integrated infrastructure development and management company with strong capabilities across Toll Operations, EPC Infrastructure and Real estate, is pleased to announce the commencement of toll operations at Kaza Fee Plaza on the Chilakaluripet–Vijayawada section of NH-16 in Andhra Pradesh, effective January 23, 2026.
The project covers 355.0 Km to 437.5 Km (aggregate length of 82.5 km) on NH‑16 a key north–south national highway corridor connecting major economic hubs across southern and eastern India.
Kaza Toll Plaza has One of the Highest Toll Collection Amongst the Public-Funded Plazas in South India
First‑Ever Toll Operations Order of This Scale Executed
This commencement marks the execution of HIL’s first‑ever toll operations contract of this scale, with a total contract value of ₹328.77 crore, awarded by the National Highways Authority of India (NHAI).
It is also the largest single toll operations mandate executed by the Company to date, representing a significant scale‑up in its tolling vertical.
As per the Letter of Award, HIL will operate the toll plaza for a one-year period, translating a marquee order win into immediate operational activity and revenue generation.
The mandate is strategically aligned with HIL’s asset‑light toll operations model, enabling:
- Efficient scaling with limited capital commitment
- Strong operating cash‑flow visibility
- Rapid conversion of order book into executed revenues
Expanding Presence on a High‑Traffic National Corridor
NH‑16 is among India’s most heavily trafficked highway corridors and forms a crucial part of the national
logistics and passenger transport network. Entry into this Andhra Pradesh stretch:
- Expands HIL’s pan‑India toll operations footprint
- Strengthens long‑term engagement with NHAI
- Reinforces the Company’s credentials as a scalable toll operations partner for large‑value national projects
Order Book Strengthens Significantly with New Order Wins
With the addition of recent order wins, including the Kaza Fee Plaza project, HIL’s consolidated order book has strengthened meaningfully, standing at ₹1,144 crore as on date.
- EPC Order Book:
Increased by 52% since March 2025, growing from ₹417 crore to ₹633 crore, reflecting sustained momentum in the infrastructure construction segment.
- Tollways Collection Order Book:
Registered a sharp growth of 348% since March 2025, rising from ₹114 crore to ₹510 crore, highlighting rapid scale‑up in the toll operations vertical.
This robust order book expansion enhances medium‑term revenue visibility.
Outlook
With a growing order pipeline, increasing execution scale, and a strengthened balance between EPC and toll operations, HIL continues to build a resilient and scalable infrastructure delivery platform, well‑positioned to capitalise on India’s ongoing highway development push.
Arun Kumar Jain, Managing Director, Highway Infrastructure Limited said: “The commencement of toll operations at Kaza Fee Plaza marks the execution of our first‑ever toll operations contract of this scale and represents an important milestone in Highway Infrastructure Limited’s growth journey.
This project reflects the confidence placed in our operational capabilities by NHAI and strengthens our presence on a strategically important national highway corridor in Andhra Pradesh. Backed by a rapidly expanding order book and an asset‑light execution model, we remain focused on disciplined operations, technology‑driven efficiency, and sustainable long‑term value creation for our investors.”
