Innovision wins NHAI toll collection contract at Turup plaza, Jharkhand
INNOVISION · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Innovision Limited has received a Letter of Award from NHAI for toll collection at Turup fee plaza on the Ranchi Bypass, Jharkhand. The one-year contract, awarded July 17, 2026 via e-tender, carries a total value of about 44.60 crore rupees. Scope includes toll collection and toilet block upkeep. Management clarified this is total contract value, not net revenue, as the firm remits collections to NHAI and retains a spread. The win reinforces Innovision's toll management presence in Jharkhand.
Adds to order book and geographic reach, but net revenue impact will be lower than the headline contract value since the firm retains only a spread.