StockWatch
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Business Update18 Jul 2026, 04:10 pm

Innovision Ltd Secures ₹44.6 Cr Toll Collection Contract

AI Summary

Innovision Limited has been awarded a work order by the National Highways Authority of India (NHAI) for user fee collection at the Turup Fee Plaza on the Ranchi Bypass section of NH-33 in Jharkhand. The contract, secured through competitive e-tendering, is for a period of one year and includes the upkeep and maintenance of adjacent toilet blocks. The total value of the order is ₹44,60,29,635. This award signifies a significant business win for Innovision in the infrastructure and toll management sector.

Key Highlights

  • Innovision Ltd awarded ₹44.6 Cr work order for toll collection.
  • Contract is for Turup Fee Plaza on Ranchi Bypass, Jharkhand.
  • Includes upkeep of adjacent toilet facilities.
  • Order duration is for one year.
  • Awarded by NHAI through competitive e-tendering.