Deals9 Oct 2026, 03:20 pm
IRCON International Secures ₹96.25 Cr Maintenance Contract from Konkan Railway
AI Summary
IRCON International Ltd has received a Letter of Acceptance (LOA) from M/s Konkan Railway Corporation Ltd for a Comprehensive Annual Maintenance Contract (AMC) of the Integrated Tunnel Communication System in the Katra-Banihal section of Northern Railway. The contract is valued at INR 96,25,49,694 (inclusive of GST) and spans a period of five years (60 months). This works contract is with a domestic entity and does not involve any interest from promoter or group companies.
Key Highlights
- IRCON awarded a 5-year maintenance contract by Konkan Railway.
- Contract value is ₹96.25 Crore, inclusive of GST.
- Covers Integrated Tunnel Communication System in Katra-Banihal section.
- The contract is for a period of 60 months.
- This is a significant works contract for IRCON.
Price Impact
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