K&R Rail Engineering Limited has inked a first-of-its-kind Memorandum of Understanding (MoU) with Indian Port Rail and Ropeway Corporation Limited (IPRCL), a PSU within the Ministry of Shipping. This strategic alliance seeks to undertake key railway, road, highway, and port infrastructure projects in India and overseas with values between ₹50 crore to ₹5,000 crore. The partnership comprises Phase-II development-based EPC projects and forms a long-term partnership for civil works. The strategic step fits well with K&R Rail Engineering's vision for future growth and infrastructural development in positioning the organization as a frontline player in optimizing India's logistics and transportation infrastructure.
Sources: Business Upturn, IPRCL official website