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.
Price Impact
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