StockWatch
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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.