IRCON bags Rs 2.56 bn contract from Mahanadi Coalfields
COAL & MINING

IRCON bags Rs 2.56 bn contract from Mahanadi Coalfields

IRCON International jumped 4.21% to Rs 42.10 after the company said that it has been awarded work valuing Rs 2.56 billion by Mahanadi Coalfields (MCL).

The company informed that it has been awarded the work of stage III i.e. detailed engineering and project management consultancy (PMC) services for the development of rail infrastructure for the proposed 2 nos. RLS (20 MTY) for Ananta OCP of Jagannath Area at Talcher by Mahanadi (MCL) at a total value of Rs 2.56 billion.

The duration of the project shall be fifteen months from the date of receipt of LOA/work order from MCL.

Also Read
Jaiprakash Power Ventures highest bidder for coal mine in MP
Madhya Pradesh to not import coal for thermal plants

IRCON International jumped 4.21% to Rs 42.10 after the company said that it has been awarded work valuing Rs 2.56 billion by Mahanadi Coalfields (MCL). The company informed that it has been awarded the work of stage III i.e. detailed engineering and project management consultancy (PMC) services for the development of rail infrastructure for the proposed 2 nos. RLS (20 MTY) for Ananta OCP of Jagannath Area at Talcher by Mahanadi (MCL) at a total value of Rs 2.56 billion. The duration of the project shall be fifteen months from the date of receipt of LOA/work order from MCL. Also Read Jaiprakash Power Ventures highest bidder for coal mine in MP Madhya Pradesh to not import coal for thermal plants

Next Story
Infrastructure Transport

MIA Construction Wins Rs 680 Million Delhi Metro Phase 4 Contract

MIA Construction has received a Letter of Acceptance (LoA) worth Rs 680 million from Delhi Metro Rail Corporation (DMRC) for the architectural finishing contract of Delhi Metro Phase 4’s Golden Line (Line 10). The Golden Line spans 23.622 km between Aerocity and Tughlakabad and includes 15 stations.DMRC invited bids for the contract with a 450-day deadline. Technical bids were opened on 25 June 2025, with 10 firms submitting proposals. The technical evaluation took place on 29 August 2025, during which the bids of three firms were rejected.The financial bids were opened on 29 August 2025, an..

Next Story
Infrastructure Transport

Colossus Infra Wins Pune Metro Contract Worth Rs 131 Million

Colossus Infra Projects has received a Letter of Acceptance (LoA) from Maha-Metro (Maharashtra Metro Rail Corporation Limited) for providing train operation and station control services for the Pune Metro Rail Project.Maha-Metro invited bids for this contract with a 365-day deadline. Technical bids were opened on 6 November 2024, with two firms submitting proposals. Following the technical evaluation held on the same day, one firm’s bid was rejected.The financial bids were opened on 7 November 2024, and the evaluation was conducted on 8 September 2025. Colossus Infra Projects emerged as the ..

Next Story
Real Estate

Parsvnath Developers Expands With La Tropicana Housing Project

Parsvnath Developers Limited, one of India’s leading real estate and infrastructure companies, is developing, through its wholly owned subsidiary Parsvnath Landmark Developers Private Limited, a group housing project called Parsvnath La Tropicana.The project spans 16.82 acres in a prime location on Magazine Road, Civil Lines, Delhi, with seamless connectivity to essential amenities and major commercial and residential centres. It comprises a total of 505 flats, of which fit-outs for 353 flats have already been offered.Phase I includes 7 towers with 169 flats, while Phase II consists of 9 tow..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?