Hyderabad, 07th December, 2022 – Ircon International Limited (IRCON), a Miniratna (Category-I) Schedule -A, Public Sector Enterprises has secured an order on competitive bidding basis valuing USD 14.89 Million in Sri Lanka.
IRCON has awarded the work for procurement of Design, Installation, Testing, Commissioning and Certifying of Signalling and Telecommunication system from Maho Junction (Including) to Anuradhapura (Excluding) by Sri Lanka Railways, Ministry of Transport, Sri Lanka, under Indian Line of Credit at a total price of USD 14.89 Million equivalent to approx. INR 122 Crore. IRCON has secured his work on competitive bidding basis and the contract period will be 24 months from the date of signing of the Contract Agreement.
About Ircon International Limited (https://www.ircon.org/; BSE: 541956; NSE: IRCON):
Ircon International Limited is a Miniratna (Category – I) Schedule A, Public Sector Enterprise and a leading turnkey Construction Company in the public sector known for quality, commitment, and consistency in terms of performance.
The core competence of IRCON is in Railways, Highways & Extra High Tension substation engineering. The company has executed projects operated in the areas of Railway construction including ballast less track, electrification, tunneling, signal & telecommunication as well as leasing of locos, construction of roads, highways, commercial, industrial & residential buildings and complexes, airport runway and hangars, metro and mass rapid transit system, etc.
IRCON has widespread operations in several states in India and other countries (Malaysia, Nepal, Bangladesh, South Africa, Algeria, Myanmar and Sri Lanka). Company has completed more than 128 projects in 25 countries across the globe and 398 projects in various states in India.