NEW DELHI : Ircon Worldwide Restricted (IRCON) has secured an order on aggressive bidding foundation valuing USD 14.89 Million in Sri Lanka.
“IRCON has awarded the work for procurement of Design, Set up, Testing, Commissioning and Certifying of Signalling and Telecommunication system from Maho Junction (Together with) to Anuradhapura (Excluding) by Sri Lanka Railways, Ministry of Transport, Sri Lanka, below Indian Line of Credit score at a complete value of USD 14.89 Million equal to approx. INR 122 Crore,” the corporate mentioned in a press launch.
IRCON has secured the work on aggressive bidding foundation and the contract interval will likely be 24 months from the date of signing of the Contract Settlement.
It’s a Miniratna (Class-I) Schedule -A, Public Sector Enterprises. A authorities firm, IRCON was included by the Central Authorities (Ministry of Railways). It’s the main turnkey building firm within the public sector.
The corporate has widespread operations in a number of states in India, and international locations throughout the globe. They’ve specialised constructions group overlaying the whole spectrum of building actions and providers within the infrastructure sector.
The corporate has executed tasks operated within the areas of Railway building together with ballast much less observe, electrification, tunneling, sign & telecommunication in addition to leasing of locos, building of roads, highways, business, industrial & residential buildings and complexes, airport runway and hangars, metro and mass fast transit system, and so forth.
IRCON has accomplished greater than 128 tasks in 25 international locations throughout the globe and 398 tasks in varied states in India.
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Supply: Live Mint