Deals17 Mar 2025, 11:46 pm
IRCON International Ltd Secures INR 1,096 Crores EPC Contract in JV with Badri Rai and Company
AI Summary
IRCON International Ltd has been awarded an EPC contract by the Directorate of Urban Affairs, Government of Meghalaya, in a JV with Badri Rai and Company (BRC). The project, 'Construction of New Secretariat Complex and Campus Infrastructure on Engineering, Procurement and Construction (EPC) Basis in New Shillong City, Meghalaya', is worth INR 1,096,17,25,961.15, with IRCON's share amounting to INR 285,00,48,749.90. The project is expected to be completed within 36 months.
Key Highlights
- IRCON International Ltd and Badri Rai and Company (BRC) have formed a JV to execute the EPC contract.
- The project is worth INR 1,096,17,25,961.15, with IRCON's share being INR 285,00,48,749.90.
- The project involves the construction of a new secretariat complex and campus infrastructure in New Shillong City, Meghalaya.
- The project is expected to be completed within 36 months.
- This is a significant achievement for IRCON, demonstrating its capabilities in executing large-scale infrastructure projects.