New Delhi [India], March 13: Hazoor Multi Projects Limited has announced that it has received a Letter of Award (LOA) from the National Highways Authority of India for the appointment as the user fee collection agency at the Chowlaggere Fee Plaza located at Km 193.020 on the Hassan–Maranahally section of NH-48 in Karnataka. The award has been granted following a competitive e-tender bidding process and reflects the company's continued participation in India's highway infrastructure ecosystem.
Under the terms of the contract, the company will be responsible for collecting user fees from vehicles using the four-laned highway stretch between Hassan and Maranahally, a key corridor on National Highway-48 that supports regional connectivity and traffic movement in the state. In addition to toll operations, Hazoor Multi Projects will also undertake the upkeep and maintenance of adjacent toilet facilities at the plaza, including replenishment of consumable items to ensure hygienic and functional amenities for highway users.
The contract is valued at approximately ₹27.15 crore and will be executed over a period of one year. The order has been awarded by a domestic government authority and forms part of the broader initiative by NHAI to ensure efficient toll operations and maintenance standards across national highway projects. The company also confirmed that the contract does not involve any related party transactions or promoter group interests, ensuring full compliance with regulatory disclosure norms.
Hazoor Multi Projects stated that the contract further strengthens its presence in the highway infrastructure services segment and underscores its ability to secure projects through a competitive bidding process. The company remains focused on delivering efficient operational management and maintaining service standards across the infrastructure projects it undertakes.
Disclaimer: This article is for informational purposes only and does not constitute financial advice.
Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor