Innovision Wins NHAI ₹51.53 Crore Toll Collection Contract

Core Announcement – Order Details

Awarding Entity: National Highways Authority of India (NHAI)

Domestic/International Order: Domestic

Nature of Order/Contract:

Engagement as a user fee collection agency for two fee plazas (Etaura Bujurg and Akhtiyari Kotila) on the two-lane with paved shoulder section of the Raebareilly-Allahabad highway in Uttar Pradesh. The scope includes the upkeep and maintenance of adjacent toilet blocks, including recouping the consumable items.

Order Value:

₹51,53,79,635 (Fifty One Crore Fifty Three Lakh Seventy Nine Thousand Six Hundred Thirty Five)

Materiality Context:

The order was awarded on the basis of competitive bidding through an E-Tender (Tender ID: NHAI/13013/547/CO/26-27/CB/Etaura Bujurg & Akhtiyari Kotila FP/E-203208/R-1953). Materiality context (e.g., 'major' or 'significant') is Not Specified.

Execution Timeline:

1 year

Revenue Recognition / Billing Structure:

Not Specified

Key Terms & Payment Milestones:

Not Specified

Whether Related Party Transaction:

Promoter Group Involvement:

Financial Implication:

Not Specified