Innovision Limited Secures ₹44.60 Crore Ranchi Bypass Toll Contract

Innovision Limited has secured a Letter of Award (LoA) for operating the user fee collection system at the Turup Fee Plaza on the Ranchi Bypass in Jharkhand under the National Highways Development Project (NHDP) Phase-III.

The contract was awarded through a competitive e-tendering process. Under the scope of work, the company will manage toll collection operations at the Turup Fee Plaza developed under EPC Package-1, while also undertaking the upkeep and maintenance of nearby toilet facilities, including the replenishment of consumable items.

Valued at ₹44.60 crore, the contract strengthens Innovision Limited's order book and reinforces its position in the highway operations and toll management segment. The latest award highlights the company's continued success in securing infrastructure service contracts through competitive bidding.

News by Rahul Yelligetti.