StockWatch
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Award29 Aug 2026, 04:30 pm

Innovision Ltd Wins NHAI Work Order Worth ₹30.37 Cr

AI Summary

Innovision Limited has secured a significant work order from the National Highways Authority of India (NHAI) for engagement as a user fee agency. The contract, awarded through competitive bidding, is for the Manambadi fee plaza at the Sethiyathope-Cholpauram Section of NH-36 in Tamil Nadu. The scope includes toll collection and the upkeep/maintenance of adjacent toilet blocks. The contract is valued at ₹30,36,79,635 and is to be executed within one year. This award underscores Innovision's capability in handling infrastructure-related service contracts.

Key Highlights

  • Innovision Ltd awarded user fee agency contract by NHAI.
  • Contract value stands at ₹30.37 Crore for NH-36 in Tamil Nadu.
  • Scope includes toll collection and facility maintenance.
  • Execution period for the contract is one year.
  • Award secured through competitive bidding process.