MoneyWorks4Me

Ircon International bags Rs 900 crore HAM project from NHAI

11 Dec 2020 Evaluate

Ircon International (IRCON) has been awarded the work of upgradation of Gurgaon - Pataudi - Rewari section of NH-352W (design length of 46.110 km) as feeder route in the state of Haryana on Hybrid Annuity Mode valuing Rs 900 crore on competitive bidding basis by National Highways Authority of India (NHAI).

This work will be undertaken & executed by a Special Purpose Vehicle (‘Concessionaire’ as a limited liability company) which shall be incorporated by IRCON as its Wholly-Owned Subsidiary Company.

Ircon International is an integrated Indian engineering and construction company, specializing in major infrastructure projects, including, railways, highways, bridges, flyovers, tunnels, aircraft maintenance hangars, runways, EHV sub-stations, electrical and mechanical works, commercial and residential properties, development of industrial areas, and other infrastructure activities.

Peers
Company Name CMP
Larsen & Toubro 3800.00
Kalpataru Projects 1379.60
NCC 130.95
Rail Vikas Nigam 205.00
KEC International 392.50
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