StockWatch
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Award10 Aug 2026, 06:50 pm

Innovision Ltd Secures ₹83.29 Cr Toll Collection Contract

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 collection agency at the Aashpur Fee Plaza in Uttar Pradesh. The contract, secured through competitive e-tendering, involves user fee collection and upkeep of adjacent toilet blocks for a period of one year. The total value of the contract is ₹83,29,29,635. This award signifies a significant business win for Innovision Ltd in the infrastructure and toll management sector.

Key Highlights

  • Secured a significant contract worth ₹83.29 Cr from NHAI.
  • Contract is for user fee collection and facility maintenance.
  • The engagement is for a period of one year.
  • Awarded through competitive e-tendering process.
  • No promoter interest in the awarding entity.