StockWatch
·
Award7 Jul 2026, 07:30 pm

Innovision Ltd Secures ₹9.23 Cr Toll Collection Contract

AI Summary

Innovision Limited has been awarded a contract by the National Highways Authority of India (NHAI) to act as a user fee collection agency for the Vaddupalli fee plaza on the Anantapur-Kalyandurg section in Andhra Pradesh. The contract, secured through competitive e-tendering, also includes the upkeep and maintenance of adjacent toilet blocks. This domestic order is valued at ₹9,23,44,635 and has a tenure of one year, commencing from August 24, 2026. The company will be responsible for toll collection and facility maintenance services.

Key Highlights

  • Innovision Ltd awarded ₹9.23 Cr contract by NHAI.
  • Contract is for user fee collection and facility maintenance.
  • Order is for Vaddupalli fee plaza in Andhra Pradesh.
  • Contract duration is for one year from August 24, 2026.
  • Secured via competitive e-tendering process.