Award8 Jul 2026, 05:00 pm
Innovision Ltd Awarded Kariyamangalam Fee Plaza Contract
AI Summary
Innovision Limited has received a Letter of Award (LoA) from the National Highways Authority of India (NHAI) for the Kariyamangalam Fee Plaza in Tamil Nadu. The contract involves engagement as a user fee agency for a two-lane section of the Tindivanam to Krishnagiri highway, including the upkeep and maintenance of adjacent toilet blocks. The order was granted based on competitive bidding through e-tender and is valued at ₹27.52 crore. The contract duration is for one year.
Key Highlights
- Innovision Ltd secured a contract for Kariyamangalam Fee Plaza.
- The contract is for user fee collection and facility maintenance.
- The order value is ₹27.52 crore.
- The contract duration is one year.
- The award was granted by NHAI through competitive bidding.
Price Impact
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