Top Searches
Advertisement

Metro Moves & Railway Booms: IRCON Powers Ahead with ₹1,668 Cr in New Deals

Updated: July 18, 2025 22:07

Image Source: KNN India
IRCON International Ltd has made significant waves in the infrastructure sector, securing a series of high-value contracts across India. On July 18, the company announced several key wins, celebrating Letters of Award from prestigious agencies including Rail Vikas Nigam Limited (RVNL) and the Mumbai Metropolitan Region Development Authority (MMRDA), reinforcing IRCON's position as a leader in rail and metro project delivery.
 
Key Highlights
  • ₹756 Crore RVNL Contract for Indore–Budni Line (JV Mode)
  • IRCON, in joint venture with JPWIPL (shareholding: IRCON 70%, JPWIPL 30%), has been awarded a ₹756 crore contract by RVNL.
  • Project involves building roadbed, bridges, buildings, installing railway tracks (excluding rails/sleepers), and E&M works between Pipaliya Nankar and Budni in Madhya Pradesh.
  • IRCON's share: ₹529 crore. Timeline: 36 months execution + 6 months defect liability.
  • Two Major MMRDA Metro Contracts — Total Value Over ₹1,165 Crore
  • Mumbai Metro Line-5 (Thane-Bhiwandi-Kalyan): Letter of Acceptance for ₹471.3 crore (plus €2.84 mn), covering substation, power supply and distribution, catenary, SCADA, lifts, and escalators. Completion: 108 weeks + maintenance.
  • Mumbai Metro Line-6 (Swami Samarth Nagar–Vikhroli EEH): Contract worth ₹642.44 crore (plus €2.79 mn), including power supply, E&M, lifts, escalators, and five years' comprehensive maintenance after a two-year defect liability period. Completion: 104 weeks.
Why This Matters
  • The wins underline IRCON's engineering prowess and growth momentum in complex urban and intercity rail projects.
  • Strengthens its partnership with core government bodies and enhances infrastructure for two of Mumbai's high-impact metro corridors.
  • These contracts add substantially to IRCON's robust order book, ensuring strong revenue visibility for upcoming quarters.
 
Source
CNBC TV18, Business Upturn, Economic Times Infra.

Advertisement

STORIES YOU MAY LIKE

Image Source : ICICI Bank
Post Offices To Simplify Mutual Fund KYC: New MoU With AMFI Enables Pan-India Verification
Image Source : Business Today
Perplexity AI Targets India With Airtel Partnership to Challenge OpenAI’s Market Lead
Image Source : The Indian Express
Microsoft Unveils Majorana 1 Quantum Chip, Paving Way for Million-Qubit Industrial Computing
Advertisement
Image Source: Unstop
Reliance Industries Delivers Knockout Q1 Numbers; Jio Leads, FMCG Recast Steals Limelight
Image Source: SSPN Finance
Leadership Shift & Logo Lift: SSPN Finance to Rebrand as Finoviaa Under New CEO Devjeet Chakraborty
Image Source: Textiles Insights
Clean Sweep! Ganesha Ecosphere Emerges Unfazed After GST Inspection
Image Source: Wikipedia
Refinery Blues: MRPL Q1 Turns Loss-Making Amid Margin Pressures and Lower Throughput
Advertisement
Live Blogs
SBI Tags RCom Loan as Fraud, Puts Anil Ambani in RBI Crosshairs
Thrill-Seekers Assemble: APTDC Flooded with 130 Adventure Tourism Applications
Level Unlocked: Good Game Becomes World’s First As-Live Global Gaming Reality Show
From Devotion to Dynamite: Ganesh’s Mighty Avatar Steals the Show in Yours Sincerely, Raam
Top Stories
Image Source : TechHounder
Samsung Galaxy F36 5G Set to Launch on July 19: AI-Powered Budget Performer Targets Youth Market
Image Source : Moneycontrol
Centre For New-Age Public Companies Launched To Guide India’s IPO-Bound Startups
Image Source : Goodreturns
Bengaluru Faces Scheduled Power Cut On July 19: BESCOM Announces 7-Hour Outage For Maintenance
Image Source : The Economic Times
Open An RD Account Online In India: Step-by-Step Guide For Hassle-Free Savings
Advertisement
Advertisement

Follow WOWNEWS 24x7 on:

Copyright 2024 WOWNEWS 24x7. All rights reserved. The WOWNEWS 24x7 is not responsible for the content of external sites. Read about our approach to external linking.

Powered By Just Imagine