India’s IRCON secures $ 14.9 m order in Sri Lanka

Saturday, 10 December 2022 00:45 - - {{hitsCtrl.values.hits}}

NEW DELHI: Ircon International Ltd. (IRCON) has secured an order on competitive bidding basis valuing $ 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 $ 14.89 million equivalent to approx. INR 122 Crore,” the company said in a press release.

IRCON has secured the work on competitive bidding basis and the contract period will be 24 months from the date of signing of the Contract Agreement.

It is a Miniratna (Category-I) Schedule -A, Public Sector Enterprises. A Government company, IRCON was incorporated by the Central Government (Ministry of Railways). It is the leading turnkey construction company in the public sector.

The company has widespread operations in several states in India and countries across the globe. They have specialised constructions organisation covering the entire spectrum of construction activities and services in the infrastructure sector.

The company has executed projects operated in the areas of Railway construction including ballast less track, electrification, tunnelling, signal and telecommunication as well as leasing of locos, construction of roads, highways, commercial, industrial and residential buildings and complexes, airport runway and hangars, metro and mass rapid transit system, etc.

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