Innovision Limited wins its next NHAI toll plaza mandate, secures Aashpur Fee Plaza on NH-91 in Uttar Pradesh

Innovision Limited, an integrated infrastructure and services platform, has been awarded a Letter of Award (LoA) by the National Highways Authority of India (NHAI) to operate as the user fee collection agency at the Aashpur Fee Plaza, situated at Design Km. 231.100 on the Aligarh-Kanpur section of NH-91 in Uttar Pradesh.

Contract highlights:

The mandate, granted on August 10, 2026, follows a competitive e-tender process. Beyond toll collection, the scope also extends to the upkeep and maintenance of adjacent toilet blocks, including recouping of consumable items.

The engagement runs for a term of one year, with a broad commercial consideration of ₹83,29,29,635 (Rupees Eighty-Three Crore Twenty-Nine Lakh Twenty-Nine Thousand Six Hundred and Thirty-Five only) associated with the contract.

This award marks a further addition to Innovision's toll management footprint, strengthening the Company's presence in Uttar Pradesh and building on its standing within NHAI's user fee collection framework.

Shares of Innovision Limited was last trading in BSE at Rs. 284.40 as compared to the previous close of Rs. 282.00. The total number of shares traded during the day was 1979 in over 213 trades.

The stock hit an intraday high of Rs. 287.80 and intraday low of 282.00. The net turnover during the day was Rs. 561551.00.

Source : Equity Bulls

Keywords

Innovision INE0ADB01012 RoadAssets Annuity Toll