HIL Begins Toll Operations at Kaza Fee Plaza, Marks Largest Single Toll Mandate

HIL Begins Toll Operations at Kaza Fee Plaza, Marks Largest Single Toll Mandate

Madhya Pradesh, India, Jan 28: Highway Infrastructure Limited (“HIL”), a leading integrated infrastructure development and management company with expertise in Toll Operations, EPC Infrastructure, and Real Estate, has commenced toll operations at Kaza Fee Plaza on the Chilakaluripet–Vijayawada section of NH-16 in Andhra Pradesh, effective 23 January 2026.

The project spans 82.5 km (from 355.0 Km to 437.5 Km) along NH‑16, a key north–south corridor connecting major economic hubs across southern and eastern India. Notably, Kaza Toll Plaza records the highest toll collection among public-funded plazas in South India (Source: IHMCL).

First-of-Its-Scale Toll Operations Contract

This marks HIL’s first toll operations contract of this scale, with a contract value of ₹328.77 crore, awarded by the National Highways Authority of India (NHAI). It also represents the company’s largest single toll mandate to date, reflecting a significant expansion of its toll operations vertical. HIL will operate the plaza for a one-year period, translating this order win into immediate operational activity and revenue generation.

The project aligns 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

Strengthening Presence on a Strategic Corridor

NH‑16 is among India’s busiest highway corridors and a vital part of the national logistics and passenger transport network. HIL’s entry into this stretch:

• Expands its pan-India toll operations footprint

• Strengthens long-term engagement with NHAI

• Reinforces its credentials as a scalable partner for large national projects

Robust Order Book Growth

With the addition of Kaza Fee Plaza and other recent wins, HIL’s consolidated order book now stands at ₹1,209 crore, reflecting:

• EPC Order Book: Up 52% since March 2025, from ₹417 crore to ₹633 crore

• Tollways Collection Order Book: Up ~404% since March 2025, from ₹114 crore to ₹575 crore

This growth enhances medium-term revenue visibility and demonstrates HIL’s ability to scale efficiently across segments.

Outlook

HIL continues to strengthen its resilient and scalable infrastructure delivery platform, leveraging a growing order pipeline and balanced EPC and toll operations to capitalize on India’s ongoing highway development initiatives.

Commenting on the milestone, Mr. Arun Kumar Jain, Managing Director, Highway Infrastructure Limited said:

“The commencement of toll operations at Kaza Fee Plaza marks our first-ever contract of this scale and represents a significant milestone in HIL’s growth journey. This project underscores NHAI’s confidence in our operational capabilities and strengthens our presence on a strategically important national corridor in Andhra Pradesh. With 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.”