Innovision Limited has secured a domestic contract worth over ₹9.23 crore from the National Highways Authority of India (NHAI). Starting August 24, 2026, the company will manage user fee collection and maintain public utilities at the Vaddupalli fee plaza on the Anantapur-Kalyandurg highway corridor in Andhra Pradesh.
MUMBAI, India — Indian infrastructure and services management firm Innovision Limited has officially secured a major domestic work order from the National Highways Authority of India (NHAI) for user fee collection operations in the state of Andhra Pradesh. According to a regulatory disclosure filed today with the premier stock exchanges, the contract spans both comprehensive toll management and specific public utility maintenance over a one-year operational timeline.
The critical development comes as India accelerates its national highway asset monetization and infrastructure streamlining programs. By outsourcing toll operations to specialized public agencies through competitive electronic bidding, federal authorities aim to stabilize logistical throughput, reduce transit bottlenecks, and enforce rigorous sanitation guidelines across key economic transport corridors.
Technical and Commercial Bounds of the Infrastructure Order
According to corporate notifications submitted under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Innovision Limited received the formal Letter of Award (LoA) on July 7, 2026, following its initial execution on July 6, 2026. The domestic project was won through a competitive electronic tender process.
The total commercial consideration for the user fee collection contract has been finalized at ₹9,23,44,635 (Rupees nine crore twenty-three lakh forty-four thousand six hundred and thirty-five only). The contractual execution period is slated for a fixed duration of one year, officially commencing on August 24, 2026.
The specific engineering and operational boundaries of the award cover:
The Toll Asset: User fee collection agency operations at the designated Vaddupalli fee plaza.
The Transport Corridor: Located at the strategic Anantapur-Kalyandurg section, which features a modern two-lane configuration with paved shoulders built on an Engineering, Procurement, and Construction (EPC) framework under National Highway (Ordinary) programs.
Auxiliary Responsibilities: Total upkeep, maintenance, and sanitation oversight of adjacent public toilet blocks, which explicitly includes financing and recouping all recurring consumable items.
Corporate Context and Legal Compliance Clearances
The infrastructure mandate contains no internal conflicts of interest or institutional anomalies. In the statutory Annexure A segment of the corporate filing signed by Jyoti Sachdeva, Company Secretary and Compliance Officer for Innovision Limited, the enterprise verified that neither the corporate promoters, promoter groups, nor any affiliated group companies hold any underlying stake or structural interest in the awarding entity, NHAI.
Furthermore, Innovision Limited clarified that the user fee collection contract does not fall within the legal parameters of related party transactions, ensuring a completely transparent arm's-length open-market procurement cycle. The contract distribution conforms precisely with the statutory framework outlined in SEBI published earlier this year on January 30, 2026.
Official Sources Section
The precise operational timelines, financial metrics, and legal variables quoted throughout this report originate directly from the compliance transmissions filed by Innovision Limited. These legal disclosures are hosted on the public investor relations interfaces of BSE Limited (BSE Code: 544732) and the National Stock Exchange of India Limited (NSE Code: INNOVISION).
Quote Section
The structural requirements of the project were formally validated through the company's secretarial and regulatory oversight department.
"According to officials, Innovision Limited has received a Letter of Award (LoA) / Work Order for the engagement of a user fee collection agency on the basis of Competitive Bidding through e-Tender for the Vaddupalli fee plaza in the State of Andhra Pradesh," stated Jyoti Sachdeva, Company Secretary and Compliance Officer, in the official stock exchange transmission.
The disclosure documentation from the corporate headquarters further specified:
"Organizers stated that the broad commercial consideration or size of the contract stands at ₹9,23,44,635, with the operations set to run for a period of one year starting from August 24, 2026."
Why It Matters
For commercial transport operators, logistics businesses, and daily commuters traveling between Anantapur and Kalyandurg, the entry of an institutional user fee collection agency promises standardized digital tolling workflows, less lane confusion, and audited roadside amenities.
For institutional shareholders and equity analysts tracking infrastructure stocks, the addition of a ₹9.23 crore contract strengthens Innovision's localized revenue pipeline for the 2026–2027 fiscal quarters. It also signals the company's continued operational expansion into the competitive southern Indian public works and transport utility markets.
Key Facts at a Glance
The Mandate: Innovision Limited has been awarded a formal user fee collection contract by the National Highways Authority of India (NHAI).
Financial Value: The total size of the domestic public works contract is valued at ₹9,23,44,635.
Asset Location: The operations will deploy directly at the Vaddupalli fee plaza on the Anantapur-Kalyandurg highway section in Andhra Pradesh.
Project Scope: The agreement combines active toll collection services with complete sanitation facility upkeep and consumables management.
Project Horizon: The contract runs for exactly one year, with field operations launching on August 24, 2026.
Frequently Asked Questions (FAQ)
Where is the user fee collection agency contract being implemented?
The contract is centered at the Vaddupalli fee plaza, which is located on the two-lane Anantapur-Kalyandurg section of the national highway network within Andhra Pradesh.
What are the primary responsibilities assigned to Innovision Limited?
Innovision is responsible for managing day-to-day vehicular toll collections and overseeing the complete maintenance, upkeep, and consumable stocking of the adjacent public utility blocks.
When do the toll collection operations officially begin?
The contract takes effect on August 24, 2026, and is scheduled to run for a non-stop duration of exactly one year.
Sources: Innovision Limited Investor Desk, Company disclosure to Stock Exchanges
