Innovision Limited Secures ₹219 Crore Toll Collection Contract from NHAI
Innovision Limited received a Letter of Award from NHAI for user fee collection and maintenance at IDTL A and IDTL B toll plazas on the Indore-Dewas section of NH-3. The 1-year contract is valued at ₹219.07 crore and was awarded on September 7, 2026.
The contract value of over ₹219 crore represents a substantial addition to the company's order book and is likely to have a material impact on its financial performance.
The company has secured a significant new order from a government authority, which is expected to contribute positively to its revenue and business operations.
Innovision Limited has announced the receipt of a Letter of Award (LoA) / Work Order for its engagement as a user fee agency. This contract, secured through competitive bidding via e-tender, pertains to the IDTL A and IDTL B Fees Plazas for the six-laning of the Indore-Dewas section of NH-3 in Madhya Pradesh. The scope of work also includes the upkeep and maintenance of adjacent toilet blocks, along with the recoupment of consumable items.
The order was officially granted on September 7, 2026, under tender ID NHAI/13013/547/CO/26 -27/CB/IDTL A & IDTL B FP/E134621/R/820. The entity awarding this contract is the National Highways Authority of India (NHAI), a domestic entity. The contract is for toll collection and facility maintenance and is set to be executed over a period of one year.
The broad commercial consideration for this order is ₹219,07,29,635 (Two hundred nineteen crore seven lakh twenty nine thousand six hundred thirty five). The company has confirmed that its promoters or group companies do not have any interest in NHAI, and the contract does not fall under related party transactions.
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Innovision Limited filed this with the NSE as a statutory disclosure, categorised under new orders. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
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