MoneyWorks4Me

Ircon International emerges as lowest bidder by NHSRCL

05 Oct 2021 Evaluate

Ircon International with its JV partner has emerged as the lowest bidder valuing Rs 3429 crore in the tender floated by National High Speed Rail Corporation (NHSRCL) for the design and construction of 18.133 km of viaduct involving Ahmedabad Station and Sabarmati Station and associated works for the project for construction of Mumbai-Ahmedabad High Speed Rail. The completion period of the project is approximately 4.5 years.

Ircon International is an integrated Indian engineering and construction company, specializing in major infrastructure projects.

Peers
Company Name CMP
Larsen & Toubro 3796.05
Kalpataru Projects 1379.00
NCC 130.85
Rail Vikas Nigam 204.15
KEC International 391.90
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