B.R.Goyal Infra bags ₹32 crore NHAI order for toll operations in Madhya Pradesh

K N Mishra

    27/Jun/2025

What's covered under the Article:

  1. B.R.Goyal Infrastructure has received a ₹32 crore contract from NHAI for toll operations on NH-47 in Madhya Pradesh.

  2. The contract includes fee collection and maintenance at Baharagaon fee plaza between Harda and Betul.

  3. The awarded work is for one year and does not involve any promoter or related party transaction.

B.R.Goyal Infrastructure Limited, a well-known company in the Indian infrastructure sector, has officially announced the receipt of a work order worth ₹32.03 crore from the National Highways Authority of India (NHAI). This development was disclosed on 27 June 2025 through an official filing with the BSE Limited, complying with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The work order pertains to the engagement of a user fee collection agency through e-tendering for Baharagaon Fee Plaza, located at Km 20.270 of the Harda–Betul section (Km 0.400 to Km 121.248) of NH-47 in Madhya Pradesh. The scope includes toll collection, maintenance of adjacent toilet blocks, and ensuring the supply of consumable items for the facilities.

This BRGIL toll plaza contract from NHAI is not only a financial milestone worth ₹32 crore but also reaffirms the company's strength in India's rapidly evolving infrastructure sector. The NHAI MP contract, awarded via competitive e-tendering, will run for one year and is an example of how B.R.Goyal Infrastructure is growing its presence in the national highway fee collection segment.

As per the disclosure, the BRGIL SEBI filing confirmed that this project is a domestic contract and not classified as a related party transaction. It also noted that no promoters or promoter group entities have any direct or indirect interest in this NHAI Madhya Pradesh project, further reinforcing the transparency and independence of the award.

This update is vital in the context of BRGIL stock news, as the ₹32 crore order is expected to improve the company's revenue outlook for FY 2025-26. Moreover, the consistent stream of infrastructure development news from the company shows its continued growth trajectory.

Key Project Details:

  • Awarding Authority: National Highways Authority of India (NHAI)

  • Project Value: ₹32,03,72,545

  • Project Location: Baharagaon fee plaza, NH-47, Madhya Pradesh

  • Project Length: Km 0.400 to Km 121.248

  • Contract Type: Letter of Acceptance

  • Duration: One year

  • Bidding Process: Competitive e-tender

  • Related Party Transaction: No

  • Promoter Interest: None

This NH47 toll collection project fits into NHAI's broader strategy of professionalizing toll management and enhancing service quality for commuters. The contract's maintenance component indicates an increasing trend of combining tolling operations with public facility management, such as toilet upkeep, a service that has long been overlooked on Indian highways.

Strategic Importance

For B.R.Goyal Infrastructure, this contract helps consolidate its position in the fee collection ecosystem of India’s national highways. With competition intensifying in the infrastructure sector, such wins are a testament to the company’s execution capabilities, competitive pricing, and regulatory compliance. Winning this NH47 fee plaza update will likely open doors to additional contracts from NHAI and other public sector bodies.

Incorporating fee plaza management and facility upkeep into a single work order reflects a policy shift towards comprehensive service delivery. Companies like BRGIL, already experienced in large-scale infrastructure execution, are ideally positioned to meet these integrated service requirements.

Investor Confidence and Market Impact

Given the clarity in disclosure and the project's size, the market is expected to view this development positively. BRGIL stock news may reflect this optimism as investors consider the tangible addition to the order book and its implications on quarterly earnings. Moreover, the fact that this BRGIL latest project is free from any promoter involvement or related party concerns will bolster investor confidence.

This work order also reinforces the company’s track record of compliance with regulatory obligations, particularly those stipulated under SEBI circular SEBI/HO/CFD/PoD2/CIR/P/0155 dated 11 November 2024.

Looking Forward

As the government continues to push its infrastructure development agenda under the Bharatmala and Gati Shakti missions, such projects are likely to multiply. Companies like B.R.Goyal Infrastructure, which have a strong base in states like Madhya Pradesh, will likely benefit from the increase in public-private collaborations in road and highway projects.

The NH47 Baharagaon toll news represents more than just a business update. It marks the continuing evolution of highway services in India, where professional fee collection, hygienic public facilities, and transparent contract management are becoming the new normal.

This development adds to the growing list of NHAI contract updates and shows how regional infrastructure companies like B.R.Goyal Infrastructure are competing successfully with national and multinational firms in winning critical government infrastructure contracts.

In conclusion, this NHAI fee collection order worth ₹32 crore is a noteworthy addition to B.R.Goyal Infrastructure’s portfolio, showcasing its ability to win and execute large-scale toll management contracts with a public service component. As this MP highway toll news continues to attract attention, it further cements the company’s role in shaping the future of India’s highway infrastructure.

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