StockWatch
·
Business Update8 Sept 2026, 04:40 pm

Innovision Ltd Secures ₹219 Cr Work Order from NHAI

AI Summary

Innovision Limited has received a Letter of Award (LoA) / Work Order from the National Highways Authority of India (NHAI) for the engagement of a user fee agency. The contract involves the six-laning of the Indore Dewas section of NH-3 in Madhya Pradesh, including the upkeep and maintenance of adjacent toilet blocks. The award was granted through competitive bidding via e-tender for IDTL A and IDTL B Fees Plazas. The contract is valued at ₹219,07,29,635 and is for a period of one year.

Key Highlights

  • Innovision Ltd awarded ₹219 Cr contract by NHAI.
  • Contract is for user fee agency and facility maintenance.
  • Project involves six-laning of Indore Dewas section of NH-3.
  • Contract duration is one year.
  • Award secured through competitive e-tendering process.