Highway Infrastructure Adverse Business Impact
Highway Infrastructure Limited terminated its Katiyara Fee Plaza contract with NHAI due to poor commercial viability. The project was officially handed over on May 5, 2026.
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Highway Infrastructure Limited terminated its Katiyara Fee Plaza contract with NHAI due to poor commercial viability. The project was officially handed over on May 5, 2026.
Highway Infrastructure Ltd has decided to handover the Katiyara Fee Plaza project in Bihar back to the NHAI. The company determined the contract was not profitable or commercially viable. The formal handover occurred on May 05, 2026.
Highway Infrastructure Limited decided to withdraw its Letter of Acceptance for the Venkatapalem Fee Plaza project in Andhra Pradesh. Consequently, NHAI has debarred the company from participating in future tenders for a period of three months. This regulatory action temporarily restricts the company's ability to secure new project awards from NHAI.