Innovision Ltd Awarded NHAI Contract Worth Over 25 Crores for Toll Collection and Facility Maintenance
Innovision Ltd has been awarded a significant contract by the National Highways Authority of India (NHAI) involving toll collection and facility maintenance on a major stretch of National Highway-93 (NH-509) in Uttar Pradesh.The company received the Letter of Award (LoA) for the engagement, which covers operating the Belon Fee Plaza located at Kilometer 136.965 within the Aligarh-Moradabad section. This project encompasses both toll collection and the upkeep and maintenance of adjacent Toilet Blocks, including replenishing consumable items.
The contract was awarded by NHAI under tender ID NHAI/13013/547/CO/26-27/CB/Belon FP/E-3959/R-1515, with the order granted on June 4, 2026.
Key Contract Details
The engagement is a domestic toll collection and facility maintenance contract. Innovision Ltd has been appointed as the user fee agency for this project.Financial details relating to the contract are as follows:
| Financial Parameter | Detail |
|---|---|
| Client | NHAI (National Highways Authority of India) |
| Contract Value | Rs 25,69,59,635/- (Rupees Twenty Five Crores Sixty Nine Lacs Fifty Nine Thousand Six Hundred and Thirty Five Only) |
| Duration | 1 year |
| Scope | Toll collection and facility maintenance for the Belon Fee Plaza at Km 136.965 on NH-93 (NH-509) in Uttar Pradesh. |
The contract execution period is set for one year. Regarding related party matters, Innovision Ltd confirmed that there are no interests of the promoter or promoter group companies in the entity awarding the order, nor will the transaction fall under related party transactions.
INNOVISION Stock Price Movement
On Friday, Innovision Limited shares rallied, edging up 3.47% to settle at ₹295.55. The stock traded within a tight range between ₹291.20 and ₹324.65, registering approximately 1.19 million shares in volume.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.