StockWatch
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Deals25 Jun 2026, 06:20 pm

Innovision Ltd Secures ₹8.11 Cr User Fee Agency Contract

AI Summary

Innovision Ltd has been awarded a significant work order by the National Highways Authority of India (NHAI) to act as the user fee agency for the Ghamroj Fee Plaza at Gurgaon-Sohna/NH-248. The contract, secured through an e-tender process, also includes the upkeep and maintenance of adjacent toilet blocks. The order is valued at ₹8,11,80,000 and is set to be executed over a period of one year starting from August 12, 2026. This engagement underscores Innovision's role in toll collection and facility management services within the highway infrastructure sector.

Key Highlights

  • Innovision Ltd awarded user fee agency contract for Ghamroj Fee Plaza.
  • Contract value stands at ₹8.11 Crore.
  • Scope includes toll collection and facility maintenance.
  • Order duration is for one year, commencing August 12, 2026.
  • NHAI is the awarding entity for this domestic contract.