IRCON bags NCRTC order worth Rs 7.23 bn

25 Nov 2020 Editorial Team

The National Capital Region Transport Corporation Limited (NCRTC) offered a work order of Rs 7.23 billion to Ircon International on Monday.

The first order that was issued includes the design, supply, installation and testing of receiving substations as well as associated works. It is primarily for viaducts and tunnels that will pass through Sarai Kale Khan to Duhai (EPE). This also includes Jangpura Stabling Yard and the Duhai Depot.

Additionally, it includes the SCDA system for a complete corridor of Delhi-Ghaziabad to Meerut RRTS corridor of NCRTC. The contract was accepted for approximately Rs 3.18 billion. Moreover, the tenure for the execution of the work has been decided as 50 months.

The next order includes the work on viaduct and tunnel that starts from Duhai (EPE to Modipuram). Its work includes the designing, supply, installation and testing of the above-mentioned routes. This includes Modipuram Depot for Delhi-Ghaziabad-Meerut RRTS corridor of NCRTC. The accepted contract is of an approximate Rs 4.05 billion. The tenure for the execution of the work has been decided as 54 months.

Ircon International is a state-owned PSU that is primarily into the engineering and construction sector.

Also read in CW on the Delhi-Ghaziabad-Meerut RRTS: NDB and Government sign Rs 370 bn loan pact

Infrastructure Urban

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..