NHAI awards Rs 7.74 crore toll collection contract to Innovision

Govt Defence OrderBusiness Updates View source PDF

INNOVISION · price

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₹289.85

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₹288.55

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AI summary

Innovision Limited has received a Letter of Award from NHAI (National Highways Authority of India) to act as user fee collection agency for the Pileru to Puthalapattu section of NH-40 in Andhra Pradesh, along with upkeep and maintenance of adjacent toilet blocks. The contract is worth about Rs 7.74 crore and runs for 1 year from 15 August 2026. This is a domestic government order with no related party interest.

Likely market impact

Adds Rs 7.74 crore of government toll collection revenue, improving order book visibility for the next financial year.