Hazoor Multi Projects has secured a one-year contract from the National Highways Authority of India (NHAI) for user fee collection at the Gaddurur (Nangli) Fee Plaza in Karnataka. The project is valued at Rs 28.10 crore. This development provides a stable, time-bound revenue stream for the company within the infrastructure operations space. The filing serves as a revision to correct typographical errors from a previous October 2026 intimation regarding the same Letter of Award.
Hazoor Multi Projects Secures Rs 28 Crore NHAI Contract
Contract Value: Rs 28.10 Crore | Duration: One Year
Reader Takeaway: New infrastructure operations contract provides steady revenue, though efficiency in fee collection and facility maintenance remains key.
What just happened
Hazoor Multi Projects Ltd has officially received a contract from the National Highways Authority of India (NHAI). The project involves the collection of user fees at the Gaddurur (Nangli) Fee Plaza, located at Km 217.450 of the Mulbagilu to AP/KNT Border section of NH-75 in Karnataka. The contract, valued at Rs 28.10 crore, spans a duration of one year.
Why this matters
This order strengthens the company's footprint in the infrastructure operations and maintenance sector. Beyond fee collection, Hazoor Multi Projects is responsible for the upkeep and maintenance of the plaza’s toilet blocks, including the management of consumable items. For shareholders, this contract ensures a predictable cash flow for the next 12 months.
Filing Correction
This disclosure is a revised intimation from the company. Management noted that it was filed to rectify specific typographical errors contained in a previous submission dated October 10, 2026, concerning the same Letter of Award.
What to track next
Investors should monitor the company’s operational efficiency in managing the plaza assets and its adherence to the maintenance requirements stipulated by the NHAI. The ability to execute this contract without cost overruns on maintenance will be critical for margin performance in the infrastructure operations segment.
