IRCON International Secures ₹8.73 Billion Project in JV with Rail Vikas Nigam Limited

IRCON International Ltd has achieved a major milestone by securing a project valued at ₹8.73 billion through its joint venture with Rail Vikas Nigam Limited (RVNL). This ambitious project involves the design, supply, installation, testing, and commissioning of a broad gauge ballastless track system for a new 125 km railway line between Rishikesh and Karanprayag in Uttarakhand.

 Key Highlights:
- Project Value: ₹8.73 billion.
- Scope of Work: Includes ballastless track design, civil works, and associated infrastructure.
- Strategic Importance: Enhances rail connectivity in Uttarakhand, supporting regional development and access to pilgrimage centers.
- JV Partners: IRCON International Ltd, Paras Railtech Pvt. Ltd., and PCM Strescon Overseas Ventures Ltd.

This development underscores IRCON's commitment to delivering world-class infrastructure projects and strengthening India's railway network.

Sources: Rail Analysis India, ProjectX India.