IRCON Wins Rs 1.87 Bn Rural Industrial Park Contract in Kerala

09 May 2025 CW Team

IRCON International Limited, a state-owned engineering and construction firm, has secured a contract worth Rs 1.87 Bn from Kerala State IT Infrastructure Limited (KSITIL) for building a dedicated rural industrial park in Thiruvananthapuram district. The value excludes goods and services tax.

According to the company's regulatory filing, the project will be executed as a works contract on an item-rate basis and is scheduled for completion within 30 months. The scope includes infrastructure development and civil works to promote rural industrialisation in the region.

This win adds to a series of project acquisitions by IRCON. Just last week, the company received a letter of acceptance for a Rs 4.58 Bn civil works contract from North Eastern Electric Power Corporation Limited (NEEPCO) for the Tato-I Hydro Electric project in Arunachal Pradesh. That contract includes comprehensive civil works such as headworks, tunnels, powerhouse, and other critical infrastructure, to be executed over 45 months.

Shares of IRCON International Limited closed at Rs 158.65, registering a 3.69 per cent increase on the Bombay Stock Exchange.

Source:CNBCTV18.com

Infrastructure Urban

17 Sep 2025

DCPC Prepares for Special Campaign 5.0 with Focus on E-Waste

The Department of Chemicals and Petrochemicals (DCPC), Ministry of Chemicals and Fertilisers, is gearing up for Special Campaign 5.0, to be held from 2nd to 31st October 2025. The initiative will focus on e-waste disposal as per MoEFCC’s E-Waste Management Rules 2022, space optimisation, and enhancing workplace efficiency across field offices.Special Campaign 4.0, conducted between October 2023 and October 2024, delivered notable results in record management, grievance redressal, scrap disposal, and cleanliness drives.Key outcomes of Special Campaign 4.0Records management: 2,443 physical fil..

BlackRock India Leases 1.4 Lakh Sq Ft in Bengaluru

BlackRock Services India, the domestic arm of global asset manager BlackRock, has leased 1.4 lakh sq ft of office space at IndiQube Symphony in Bengaluru, according to Propstack data. The 10-year deal is valued at around Rs 4.10 billion.The lease, among the largest transactions in India’s co-working sector, highlights the growing preference of global institutions for flexible office providers. The agreement, commencing October 1, 2025, covers ground plus five floors in KNG Tower 1 at Ashoknagar, MG Road — one of Bengaluru’s prime commercial hubs.As per the lease document, BlackRock will ..

L&T Bags Rs 25–50 Bn Order for Mumbai-Ahmedabad Bullet Train Track Works

Larsen & Toubro’s (L&T) Transportation Infrastructure business has secured an order valued between Rs 25 crore and Rs 50 billion from the National High Speed Rail Corporation Limited (NHSRCL) for the Mumbai-Ahmedabad High Speed Rail (MAHSR) corridor.The contract, Package T1, involves the design, supply, construction, testing, and commissioning of 156 route km of high-speed ballastless track on a Design-Build Lump Sum Price basis. The stretch runs from Mumbai’s Bandra-Kurla Complex to Zaroli village in Gujarat and includes 21 km of underground track and 135 km of elevated viaduct.Se..