B.R. Goyal Infrastructure Limited (BRGIL) has announced a significant milestone with the receipt of a ₹32.03 crore work order from the National Highways Authority of India (NHAI). The contract involves user fee collection and maintenance services at the Baharagzon fee plaza on NH-47 in Madhya Pradesh. This achievement underscores BRGIL’s growing expertise in highway infrastructure management and its strong relationship with NHAI.
Key Contract Details
The announcement complies with SEBI’s Regulation 30 of the Listing Obligations and Disclosure Requirements, 2015. Here are the critical highlights:
- Client: National Highways Authority of India (NHAI).
- Project Scope: User fee collection agency services and upkeep of adjacent toilet blocks at Baharagzon fee plaza (Km 20.270 of Harda-Betul section, NH-47).
- Contract Value: ₹32,03,72,545 (Thirty-Two Crore Three Lakh Seventy-Two Thousand Five Hundred Forty-Five).
- Execution Timeline: 1 year.
Strategic Importance
Strengthening Infrastructure PortfolioThis contract reinforces BRGIL’s position as a trusted partner for NHAI in toll collection and highway maintenance. It aligns with the company’s focus on infrastructure development and operational efficiency.
Revenue Growth and Stability
The ₹32 crore order provides immediate revenue visibility and enhances BRGIL’s order book. Such contracts are critical for sustaining growth in the competitive infrastructure sector.
The NHAI contract marks a key achievement for B.R. Goyal Infrastructure, highlighting its capabilities in highway management services. As the company executes this project, stakeholders can expect strengthened financial performance and potential for future collaborations with NHAI.
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