Award23 Jun 2026, 04:50 pm
Innovision Ltd Secures ₹7.73 Cr NHAI Contract
AI Summary
Innovision Limited has received a Letter of Award from the National Highways Authority of India (NHAI) for engagement as a user fee collection agency. The contract, awarded through competitive bidding, covers the Pileru to Puthalapattu Section of NH-40 in Andhra Pradesh. The scope includes toll collection and upkeep of adjacent toilet blocks for a period of one year, commencing August 15, 2026. The total value of the order is ₹7,73,79,635. This award signifies a significant business development for Innovision Ltd in the infrastructure and toll management sector.
Key Highlights
- Innovision Ltd awarded user fee agency contract by NHAI.
- Contract value stands at ₹7.73 Crore for one year.
- Scope includes toll collection and facility maintenance.
- Project located on NH-40 in Andhra Pradesh.
- Award received via competitive bidding process.
Price Impact
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