Innovision Wins ₹142.78 Crore NHAI Toll Plaza Contract

Core Announcement – Order Details

Awarding Entity: National Highways Authority of India (NHAI)

Domestic/International Order: Domestic

Nature of Order/Contract: Engagement as user fee collection agency for Subgavhan Toll Plaza in the state of Maharashtra. The scope includes upkeep/maintenance of adjacent toilet blocks including recouping the consumable items. The contract was awarded on the basis of competitive bidding through e-tender.

Order Value: ₹142,78,79,635 (One Hundred Forty Two Crores Seventy Eight Lakh Seventy Nine Thousand Six Hundred And Thirty Five Only)

Materiality Context: Not Specified

Execution Timeline: 1 year

Revenue Recognition / Billing Structure: Not Specified

Key Terms & Payment Milestones: Not Specified

Whether Related Party Transaction: No

Promoter Group Involvement: No

Financial Implication: Not Specified

Tender Reference: The award was granted under tender ID NHAI/13013/547/CO/26-27/CB/Subgavhan Fee Plaza/E206651/R-1722