Innovision Limited Secures ₹31.1 Crore Toll Collection Contract from NHAI
Innovision Limited received a Letter of Award from NHAI for user fee collection and maintenance at Vembukudi fee plaza. The contract is valued at ₹31.1 crore and is for a duration of one year, starting June 6, 2026.
The contract value of ₹31.1 crore is significant and will contribute to the company's revenue, thus having a medium-term impact on its financial performance.
The company has secured a new order, which is a positive development and is expected to contribute to its revenue.
Innovision Limited has received a Letter of Award (LoA) for a significant contract from the National Highways Authority of India (NHAI). The engagement is for serving as the user fee agency at the Vembukudi fee plaza, located at Km 152.000 of the Cholapuram-Thanjavur Section (Km 116.440 to Km 164.275 of NH-45C) in Tamil Nadu.
The scope of work also includes the upkeep and maintenance of adjacent toilet blocks, along with the recouping of consumable items. This contract was awarded through a competitive bidding process under tender ID NHAI/13013/547/CO/26-27/CB/Vembukudi FP/266225/B1/W/349.
The contract is valued at ₹31,09,79,635 (Rupees Thirty-One Crores Nine Lakhs Seventy-Nine Thousand Six Hundred and Thirty-Five only) and is set to be executed for a period of one year, commencing from June 6, 2026, at 08:00 AM. The order was officially granted on April 21, 2026. Neither the promoter nor any group companies have an interest in the awarding entity, and the transaction is not considered a related party transaction.
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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 medium impact: worth reading, rarely worth acting on by itself.
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