HOME > MARKETS > COMPANY NEWS
  COMPANY NEWS
COMPANY
Highway Infrastructure receives LoA from IDA
Jan-16-2026

Highway Infrastructure (HIL) has received a Letter of Award (LoA) from the Indore Development Authority (IDA) for a key road development project under Town Planning Scheme-08. The project involves the development of the Kumedi–Lasudiya Mori corridor up to A.B. Road, a strategically important stretch that supports Indore’s expanding urban mobility and planned growth initiatives. The order valued at Rs 69.68 crore (plus applicable GST) carries an execution timeline of 2.5 years.

This win further strengthens HIL’s presence in Madhya Pradesh’s fast-growing urban infrastructure landscape and enhances the Company’s revenue visibility. The project also aligns with HIL’s strategic focus on expanding its EPC portfolio across high-potential urban and regional growth corridors while partnering with government agencies on transformative development programs. 

Highway Infrastructure is an infrastructure development and management company. The company is engaged in the business of tollway collection, infrastructure development and management and real estate business.


  RELATED NEWS >>