Hazoor Multi Projects bags INR 284.7 million toll collection order from NHAI in Jharkhand

Hazoor Multi Projects Limited has secured a contract valued at INR 284.7 million from the National Highways Authority of India for toll fee collection at the Madangundi Fee Plaza in Jharkhand over a 12-month period.

Hazoor Multi Projects Limited (HMPL) has secured a contract valued at INR 284.7 million from the National Highways Authority of India (NHAI) for user fee collection at the Madangundi Fee Plaza, located at kilometer 12.3 on National Highway 31 in Jharkhand. The contract was awarded through a competitive e-tendering process and spans an execution timeline of 12 months, during which HMPL will operate as the designated toll collection agency.

National Highways Authority of India is the apex autonomous government agency responsible for the development, maintenance and management of the national highway network. Hazoor Multi Projects Limited is an infrastructure and renewable energy firm active in road engineering, procurement, and construction projects as well as highway operation management.

The engagement highlights NHAI's continuous efforts to streamline user fee collection operations across national highway corridors by engaging specialized private partners. For HMPL, securing this contract reinforces its operational portfolio in highway operations while maintaining a steady revenue stream alongside its core EPC and renewable energy undertakings.

Securing revenue-generating operational mandates such as toll fee collection provides cash flow stability for infrastructure firms operating in volatile construction markets. By partnering with state-owned authorities, private contractors enhance their operational credentials, positioning themselves favorably for larger upcoming highway infrastructure tenders across the regional transport ecosystem.