Deals24 Oct 2025, 09:00 pm
IRCON International Ltd Secures Turnkey Contract from Maharashtra State Electricity Transmission Co. Ltd. Worth INR 168.4 Crores
AI Summary
IRCON International Ltd, in a joint venture with Finolex J-Power Systems Limited, has been awarded a turnkey works contract by Maharashtra State Electricity Transmission Co. Ltd. The contract involves the construction of a 220Kv D/C transmission line from Koradi-Il SIS to Mankapur S/S under Nagpur Zone. The contract is worth INR 168.4 Crores (Excluding GST) and is to be executed within 18 months (excluding monsoon). The joint venture comprises of IRCON International Limited with a 51% share and Finolex J-Power System Ltd with a 49% share.
Key Highlights
- IRCON International Ltd and Finolex J-Power Systems Limited have formed a joint venture to execute the contract.
- The contract is worth INR 168.4 Crores (Excluding GST).
- The project involves the construction of a 220Kv D/C transmission line from Koradi-Il SIS to Mankapur S/S under Nagpur Zone.
- The contract period is 18 months (excluding monsoon).
- The contract was awarded by Maharashtra State Electricity Transmission Co. Ltd.