Indias IRCON Bags Major Infrastructure Contracts Valued Over Rs1869 Crore
In India, a prominent state-owned engineering firm, IRCON International Limited, announced on Friday, July 18, it has secured three significant infrastructure contracts totaling over ₹1,869 crore. These include two crucial Mumbai Metro projects awarded by the Mumbai Metropolitan Region Development Authority (MMRDA), alongside a vital railway project in Madhya Pradesh from Rail Vikas Nigam Limited (RVNL). These new contracts significantly bolster IRCON’s project portfolio, underscoring its pivotal role in the nation’s ongoing infrastructure development efforts.
Madhya Pradesh, a major contract valued at ₹755.78 crore (inclusive of GST) was awarded by RVNL to the IRCON–JPWIPL joint venture, where IRCON holds a 70% stake. Accordingly, IRCON’s share of this project is ₹529.04 crore. The contract scope covers the construction of roadbed, minor bridges, buildings, and track installation (excluding supply of rails, sleepers, and thick web switches). It also includes other civil and electrical works for a new broad-gauge railway line between Pipaliya Nankar (excluding) and Budni (including) in the Indore–Budni section of the West Central Railway. This item rate contract is to be executed over 36 months, with an additional six-month defect liability period.
Mumbai, the MMRDA has awarded IRCON the CA-239 contract for Metro Line-5, Package-2. This comprehensive contract, valued at ₹471.29 crore and €2.84 million (excluding GST and customs duty), covers the design, manufacture, supply, installation, integration, testing, and commissioning of a 220 kV receiving substation. It also includes cabling works (220 kV, 33 kV, and 25 kV), a complete 25 kV overhead catenary system with switching station, auxiliary power distribution systems, SCADA system, electrical and mechanical works, and lift and escalator installations. The build period for this project is 108 weeks, followed by a two-year defect liability and five years of comprehensive maintenance.
Mumbai, in another significant win from MMRDA, IRCON has been awarded the CA-233 contract for Metro Line-6, Package-2. This involves power supply and traction, E&M works, lifts, and escalators, with five years of maintenance after a two-year defect liability period. The contract value is ₹642.44 crore and €2.79 million, inclusive of all applicable levies but excluding GST and customs duty. This project is slated for completion within 104 weeks, further strengthening the city’s urban transport infrastructure.
Across India, these substantial new contracts highlight IRCON’s robust position in the diverse infrastructure sector, spanning railways and urban transit. The firm’s consistent success in securing high-value projects reinforces its role as a key player in advancing the nation’s connectivity and development goals. This strong order book is expected to drive future growth.
