Highway Infrastructure Limited (HIL) has announced that it has received a Letter of Award (LOA) from the Indore Development Authority (IDA) for a key road development project. The project involves the development of the Kumedi–Lasudiya Mori corridor up to A.B. Road and is valued at ₹69.68 crores plus applicable GST.

The execution timeline for this project is 2.5 years. This award strengthens HIL's presence in Madhya Pradesh's urban infrastructure sector and enhances its revenue visibility. The project aligns with HIL's strategy to expand its EPC portfolio in urban and regional growth corridors.

Following this new order, HIL's total consolidated order book has reached ₹1,144 crores. The EPC order book has grown by 52% since March 2025, increasing from ₹417 crores to ₹633 crores. The Tollways collection order book has seen a significant growth of 348% since March 2025, rising from ₹114 crores to ₹510 crores.

Mr. Arun Kumar Jain, Managing Director of Highway Infrastructure Limited, expressed delight in securing the mandate, highlighting the project's reinforcement of the company's execution capabilities and understanding of urban infrastructure development. He stated that the project enhances order book visibility, improves portfolio quality, and reduces concentration risks, positioning HIL to benefit from India's urbanization.