StockWatch
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Award21 Aug 2026, 04:50 pm

Innovision Ltd Wins Toll Collection Contract Worth ₹51.5 Cr

AI Summary

Innovision Limited has secured a significant contract for user fee collection and facility maintenance at Etaura Bujurg and Akhtiyari Kotila fee plazas on the Raebareilly-Allahabad Section in Uttar Pradesh. The contract, awarded by the National Highways Authority of India (NHAI) through competitive e-tendering, is valued at ₹51,53,79,635 and has a tenure of one year. This award underscores Innovision's capability in managing toll operations and associated maintenance services, contributing to its business expansion in the infrastructure sector.

Key Highlights

  • Secured toll collection and facility maintenance contract from NHAI.
  • Contract value stands at ₹51.53 Crore for a one-year period.
  • Awarded through competitive e-tendering process.
  • Covers Etaura Bujurg and Akhtiyari Kotila fee plazas.
  • Enhances Innovision's presence in infrastructure services.