Mumbai, Oct. 1 -- The contract agreement was signed on 30 September 2026 following the Letter of Acceptance received by the company on 16 September 2026. The mandate covers collection of user fees and operation of toll plazas along the Gorakhpur Link Expressway, along with the deployment of four patrol-cum-safety vehicles and required personnel.

The contract has a total value of Rs 220.66 crore and a tenure of two years. The first-year contract value is Rs 105.08 crore, while the second-year period carries a 10% annual escalation.

The order has been awarded by UPEIDA, a domestic entity. Highway Infrastructure said the contract does not constitute a related-party transaction and that its promoter or promoter group has no interest in the ...