IRCON-Finolex JV Secures ₹1.68 Billion Turnkey Power Project from MSETCL

Contract Value: ₹1.68 billion awarded by MSETCL for turnkey execution.
Scope of Work: Includes high-voltage cable design, laying, and commissioning.
JV Strength: Combines IRCON&rsquo;s EPC expertise with Finolex J-Power&rsquo;s cable technology.
Strategic Impact: Supports urban power infrastructure upgrades in Maharashtra.
Execution Timeline: Project expected to commence in Q4 FY2025&ndash;26.

Image Source: Republic World

IRCON International Ltd, in joint venture with Finolex J-Power Systems, has won a turnkey contract worth ₹1.68 billion from Maharashtra State Electricity Transmission Company Ltd (MSETCL). The project involves high-voltage cable infrastructure and marks a strategic win in India’s power transmission sector.