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

Real Estate

09 Mar 2026

Max Estates Secures RERA For Max One Project

Max Estates has secured RERA approval (UPRERA No.: UPRERAPRJ9759) for its Max One development around Max Towers in Sector 16B, Noida, bringing renewed progress to a project previously stalled following the insolvency of its earlier developer. Spread across around 10 acres with an estimated development potential of about 2.5 million sq ft, Max One is planned as an integrated mixed-use campus combining serviced residences, premium offices, retail spaces and a private club. The project is expected to generate total sales potential of about Rs 20 billion along with an estimated annuity rental inc..

Hindware Introduces Starc Smart Wall Mount Toilet

Hindware has introduced the Starc Smart Wall-Mount Toilet under its Hindware Italian Collection, designed to combine automation, hygiene and contemporary bathroom aesthetics. The model features automatic flushing, sensor-based seat opening and closing, and remote-controlled functions. It also includes an oscillating water spray and warm air dryer for cleaning, along with a self-cleaning nozzle designed to maintain hygiene. Additional features include adjustable heated seating, customisable water temperature and pressure settings, a foot-touch flush system and an LCD control interface. The wa..

Company showcases North America-certified machinery and secures new deals

Zoomlion Heavy Industry Science & Technology Co., recently showcased a wide portfolio of North America-certified and customised construction equipment at CONEXPO-CON/AGG 2026 in Las Vegas. The display included engineering hoisting machinery, concrete equipment, earthmoving machinery, mining equipment and construction hoisting solutions tailored to regional operational requirements.All equipment presented at the exhibition complies with North American certification standards, with several models specifically developed to meet local regulatory requirements and site conditions. One of the hig..