Business Update8 Sept 2026, 05:00 pm
Innovision Ltd Secures ₹24.5 Cr Toll Collection Contract
AI Summary
Innovision Limited has received a Letter of Award (LoA) from NHAI for the engagement of a user fee collection agency for the Pachwara fee plaza on NH-39. This contract, secured through competitive e-bidding, covers the four-laning of the Jhansi Khajuraho Section in Madhya Pradesh and includes the upkeep and maintenance of adjacent toilet blocks. The contract is valued at ₹24,52,79,635 and has a tenure of one year. This award signifies a significant business development for Innovision in the infrastructure and toll management sector.
Key Highlights
- Innovision Ltd awarded user fee collection contract by NHAI.
- Contract value stands at ₹24.52 Crore for a one-year period.
- Scope includes toll collection and facility maintenance on NH-39.
- Award secured through competitive e-tendering process.
- Enhances company's presence in infrastructure services.
Price Impact
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