PVV Infra Limited Secures Two Letters of Award (LOA) from NHLML for Highway Wayside Amenities in Madhya Pradesh

PVV Infra Limited (BSE: 536659, Symbol: PVVINFRA, ISIN: INE428B01021) has announced the receipt of two (2) Letters of Award (LOA) dated July 30, 2026, from National Highways Logistics Management Limited (NHLML)-a 100% owned Special Purpose Vehicle (SPV) of the National Highways Authority of India (NHAI) under the Ministry of Road Transport and Highways.

The contracts pertain to the Development, Operation, and Maintenance of Wayside Amenities (WSA) on national highways in Madhya Pradesh on a Design, Build, Operate, and Transfer (DBOT) lease basis. The two awarded projects entail a combined Annual Lease Rent of ₹2,49,44,950 (Rupees Two Crore Forty-Nine Lakh Forty-Four Thousand Nine Hundred and Fifty Only).

Detailed Breakdown of Awarded Projects

LOA 1: NH-44 Gwalior-Jhansi Corridor (Dabra, MP)

LOA Reference Number: NHLML-WSA0BIDS(INVI)/8/2026/E-3473/408

Tender ID: 2026_NHAI_269742_1

Location: NH-44 / Gwalior-Jhansi Road / Km 112+000 / Dabra, Madhya Pradesh

Nature of Award: Successful Bidder - Wayside Amenities (DBOT basis)

Annual Lease Rent: ₹73,40,000/- (Rupees Seventy-Three Lakh Forty Thousand Only)

Development Performance Security: ₹36,70,000/- (to be submitted within 30 days of LOA)

Timelines: LOA Acceptance within 7 days; Agreement execution within 10 days of Performance Security submission.

LOA 2: NH-752D Ujjain-Garoth Corridor (Dhanodiya, MP)

LOA Reference Number: NHLML-WSA0WEST(MISC)/1/E-3410/409

Tender ID: 2026_NHAI_274049_1

Location: NH-752D / Ujjain-Garoth / 46+400 / LHS / Dhanodiya, Madhya Pradesh

Nature of Award: Highest Bidder - Wayside Amenities (DBOT basis)

Annual Lease Rent: ₹1,76,04,950/- (Rupees One Crore Seventy-Six Lakh Four Thousand Nine Hundred and Fifty Only)

Development Performance Security: ₹88,02,475/- (to be submitted within 30 days of LOA)

Timelines: LOA Acceptance within 7 days; Agreement execution within 10 days of Performance Security submission.

Strategic Significance: NH-752D Site (Dhanodiya, MP)

The Dhanodiya wayside amenity site is situated on the NH-752D corridor near Ujjain, home to the Mahakaleshwar Jyotirlinga. The location holds significant long-term commercial value as Ujjain is set to host the Simhastha Purna Kumbh Mela in 2028, which is expected to drive substantial pilgrim and tourist footfall along this arterial highway route.

Pending Bids in Pipeline

Beyond the two awarded sites, PVV Infra Limited confirmed that it has technically qualified for four (4) additional WSA sites under NHLML tenders across Andhra Pradesh and Uttar Pradesh. Financial bid opening results are currently awaited.

Bengaluru-Chennai / BCE2 / Phase II (Km 92+320 / LHS): Baireddipalle, Andhra Pradesh

Bengaluru-Chennai / BCE2 / Phase II (Km 92+320 / RHS): Baireddipalle, Andhra Pradesh

Delhi-Dehradun / Saharanpur-Ganeshpur (Km 38+000 / LHS): Saharanpur, Uttar Pradesh

Delhi-Dehradun / Saharanpur-Ganeshpur (Km 38+300 / RHS): Saharanpur, Uttar Pradesh

Source : Equity Bulls

Keywords

PVVInfra LOAs OrdersWin