+
 IRCON lowest bidder for Rs 138 cr in railway signalling projects
RAILWAYS & METRO RAIL

IRCON lowest bidder for Rs 138 cr in railway signalling projects

Under the Indian Line of Credit, IRCON International Limited was the lowest bidder in railway signalling projects floated by the Ministry of Transport Services Management, Sri Lanka for Design, Installation, Testing, and Commissioning of Signalling System from Maho Junction to Anuradhapura, Sri Lanka.

The project is estimated to be worth USD 15.5 million, or Rs 114 crore. The project will take approximately one year to complete.

The company was also the lowest bidder in the Ministry of Railways of Bangladesh's Railway Signalling Projects for the construction of Non-Interlocked Color Light Signalling System for all nine stations, as well as the construction of a Telecommunication System with Optical Fibre in connection with the construction of the Khulna-Mongla Port Rail Line Project. The project is worth approximately BDT 28 crore or approximately Rs 24 crore. The project will take about six months to complete.

Ircon International Ltd closed at Rs 46.90 per piece on the BSE on Monday, up to Rs 0.3 or 0.64% from its previous close of Rs 46.60 per piece.

Ircon International Limited (IRCON), a government company originally known as Indian Railway Construction Company Limited and incorporated by the Ministry of Railways under the Companies Act, 1956 on April 28, 1976, is the leading turnkey construction company in the public sector known for its quality, commitment, and consistency in terms of performance. IRCON is active in several Indian states as well as other countries Malaysia, Nepal, Bangladesh, Mozambique, Ethiopia, Afghanistan, U.K. Algeria & Sri Lanka Now.

IRCON operates in a highly competitive environment, as well as in difficult terrains and regions in India and abroad, and is a key player in prestigious nation-building projects. IRCON has completed over 300 infrastructure projects in India and over 100 projects in more than 21 countries around the world.

Image Source

Under the Indian Line of Credit, IRCON International Limited was the lowest bidder in railway signalling projects floated by the Ministry of Transport Services Management, Sri Lanka for Design, Installation, Testing, and Commissioning of Signalling System from Maho Junction to Anuradhapura, Sri Lanka. The project is estimated to be worth USD 15.5 million, or Rs 114 crore. The project will take approximately one year to complete. The company was also the lowest bidder in the Ministry of Railways of Bangladesh's Railway Signalling Projects for the construction of Non-Interlocked Color Light Signalling System for all nine stations, as well as the construction of a Telecommunication System with Optical Fibre in connection with the construction of the Khulna-Mongla Port Rail Line Project. The project is worth approximately BDT 28 crore or approximately Rs 24 crore. The project will take about six months to complete. Ircon International Ltd closed at Rs 46.90 per piece on the BSE on Monday, up to Rs 0.3 or 0.64% from its previous close of Rs 46.60 per piece. Ircon International Limited (IRCON), a government company originally known as Indian Railway Construction Company Limited and incorporated by the Ministry of Railways under the Companies Act, 1956 on April 28, 1976, is the leading turnkey construction company in the public sector known for its quality, commitment, and consistency in terms of performance. IRCON is active in several Indian states as well as other countries Malaysia, Nepal, Bangladesh, Mozambique, Ethiopia, Afghanistan, U.K. Algeria & Sri Lanka Now. IRCON operates in a highly competitive environment, as well as in difficult terrains and regions in India and abroad, and is a key player in prestigious nation-building projects. IRCON has completed over 300 infrastructure projects in India and over 100 projects in more than 21 countries around the world. Image Source

Related Stories

Gold Stories

Next Story
Infrastructure Transport

97 Per Cent Of Rongjeng-Mangsang-Adokgre Road Nears Completion

Deputy Chief Minister in-charge of public works Prestone Tynsong said in Shillong on 26 August that 97 per cent physical progress had been achieved on the ongoing Rongjeng-Mangsang-Adokgre road being constructed under the Non-Lapsable Central Pool of Resources (NLCPR). He noted the project was sanctioned in 2017 and that the stipulated time for completion had been 24 months from issue of the final work order. The deputy chief minister informed the assembly that the government had decided to include the remaining work under a World Bank project. In reply to a query from Rongjeng MLA Jim M Sangm..

Next Story
Infrastructure Transport

First TBM Starts Digging Five Point Three Kilometre Tunnel Under SGNP

The Goregaon-Mulund Link Road (GMLR) Phase three (B) project has reached a key milestone as the first tunnel boring machine (TBM) began excavation of the first of two tunnels beneath the Sanjay Gandhi National Park (SGNP). The machine, named Tulsi, started cutting a five point three kilometre bore that will link Dadasaheb Phalke Chitranagari in Goregaon East with Amar Nagar in Mulund West. Officials issued a statement noting the commencement of tunnelling work under the protected green belt. The twin tunnels are being constructed using mechanised tunnelling methods that aim to limit surface di..

Next Story
Infrastructure Transport

UP Approves Two Expressways And Rs 240 bn Infrastructure Push

The Uttar Pradesh Cabinet approved a series of infrastructure and industrial investment proposals totalling Rs 240 billion (Rs 240 bn), including two major expressway projects, a manufacturing and logistics cluster in Sultanpur and incentives for 11 industrial projects across the state. The decisions, taken at a meeting chaired by Chief Minister Yogi Adityanath, underline the state government’s focus on expanding road connectivity around emerging industrial hubs while attracting manufacturing investment to districts beyond major urban centres. The approvals cover both greenfield expressway c..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code