Innovision Limited Secures ₹12,66,54,635 Work Order from NHAI for Toll Collection and Facility Maintenance on NH-28C

1 min read     Updated on 10 May 2026, 02:05 AM
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AI Summary

Innovision Limited has received a work order from NHAI valued at ₹12,66,54,635 for engagement as a user fee collection agency at the Aaini Fee Plaza on the Jarwal to Bahraich Bypass Section of NH-28C, Uttar Pradesh. The one-year domestic contract, awarded through competitive e-tender under tender ID NHAI/13013/547/CO/26-27/CB/Aaini FP/E-7818/R-1393, also covers upkeep and maintenance of adjacent toilet blocks. The disclosure was made under Regulation 30 of the SEBI (LODR) Regulations, 2015, with the company confirming no related party interest.

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Innovision Limited has secured a work order from the National Highways Authority of India (NHAI) for toll collection and facility maintenance services on a key national highway stretch in Uttar Pradesh. The company disclosed this development under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, dated 09/05/2026.

Contract Overview

The work order pertains to the engagement of Innovision Limited as a user fee collection agency at the Aaini Fee Plaza on the Jarwal to Bahraich Bypass Section of NH-28C in the state of Uttar Pradesh. In addition to toll collection, the scope of work includes the upkeep and maintenance of adjacent toilet blocks, along with recouping consumable items. The contract was awarded through competitive bidding via e-tender and is classified as a domestic engagement.

The award was granted under tender ID NHAI/13013/547/CO/26-27/CB/Aaini FP/E-7818/R-1393 dated 08.05.2026.

Key Contract Details

The following table summarises the key parameters of the work order as disclosed by the company:

Parameter: Details
Awarding Entity: National Highways Authority of India (NHAI)
Nature of Contract: Toll collection and facility maintenance
Project Location: Aaini Fee Plaza, Jarwal to Bahraich Bypass Section, NH-28C, Uttar Pradesh
Contract Value: ₹12,66,54,635 (Rupees Twelve Crore Sixty Six Lakh Fifty Four Thousand Six Hundred and Thirty Five only)
Contract Duration: 1 year
Domestic/International: Domestic
Tender ID: NHAI/13013/547/CO/26-27/CB/Aaini FP/E-7818/R-1393
Tender Date: 08.05.2026
Related Party Transaction: No
Promoter/Group Interest in Awarding Entity: No

Disclosure and Compliance

The intimation was made in accordance with SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated January 30, 2026, read with Regulation 30 of the SEBI (LODR) Regulations, 2015. The company confirmed that the contract does not constitute a related party transaction and that no promoter, promoter group, or group company holds any interest in NHAI. The disclosure was signed by Jyoti Sachdeva, Company Secretary and Compliance Officer of Innovision Limited.

How might Innovision Limited leverage this NHAI contract to bid for larger or longer-duration toll collection projects across other national highway stretches in India?

What impact could the successful execution of this one-year contract have on Innovision Limited's revenue growth trajectory and its order book for FY2026-27?

As NHAI continues to expand India's national highway network, could increasing automation and FASTag adoption significantly alter the economics and staffing requirements of toll collection agencies like Innovision Limited?

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Innovision Limited Secures NHAI Work Order for Toll Collection and Facility Maintenance Worth Rs. 19,78,29,635

1 min read     Updated on 09 May 2026, 03:00 AM
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Reviewed by
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AI Summary

Innovision Limited has received a work order from NHAI for user fee collection and facility maintenance on the Bahraich Bypass-Rupadiha Section of NH-28C (Gulalpurva) in Uttar Pradesh. The contract, valued at Rs. 19,78,29,635 for a period of one year, was awarded through competitive bidding via e-tender. The disclosure was made under Regulation 30 of SEBI (LODR) Regulations, 2015, confirming the contract is domestic in nature with no related party involvement.

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*this image is generated using AI for illustrative purposes only.

Innovision Limited has secured a work order from the National Highways Authority of India (NHAI) for toll collection and facility maintenance services, as disclosed under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, dated 08/05/2026. The contract pertains to the engagement of the company as a user fee collection agency on the Bahraich Bypass-Rupadiha Section of NH-28C (Gulalpurva) in the state of Uttar Pradesh, along with upkeep and maintenance of adjacent toilet blocks, including recouping of consumable items.

Contract Details at a Glance

The work order was awarded under tender ID NHAI/13013/547/CO/26-27/CB/Gulalpurva FP/E-2452/R-1389 dated 07.05.2026, following a competitive bidding process conducted through e-tender. The key parameters of the contract are summarised below:

Parameter: Details
Awarding Entity: National Highways Authority of India (NHAI)
Nature of Contract: Toll collection and facility maintenance
Project Section: Bahraich Bypass-Rupadiha Section of NH-28C (Gulalpurva), Uttar Pradesh
Contract Value: Rs. 19,78,29,635 (Rupees Nineteen Crore Seventy Eight Lakh Twenty Nine Thousand Six Hundred and Thirty Five)
Contract Duration: 1 year
Domestic/International: Domestic
Related Party Transaction: No
Promoter/Group Interest in Awarding Entity: No

Scope of Work

Under the terms of the contract, Innovision Limited will function as the user fee collection agency for the designated highway section. The scope also encompasses the upkeep and maintenance of adjacent toilet blocks, including the recouping of consumable items, ensuring operational continuity along the corridor.

Regulatory Disclosure

The intimation was made in compliance with Regulation 30 of the SEBI (LODR) Regulations, 2015, read with SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated January 30, 2026. The disclosure confirms that the contract does not constitute a related party transaction and that no promoter, promoter group, or group company holds any interest in the awarding entity, NHAI.

How might Innovision Limited leverage this NHAI contract to position itself for larger or longer-duration toll collection tenders across other national highway sections?

What impact could the successful execution of this one-year contract have on Innovision Limited's revenue visibility and order book growth for FY2026-27?

As FASTag adoption and digital toll collection continue to evolve, how could technological upgrades mandated by NHAI affect the operational margins of agencies like Innovision Limited?

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