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Ircon International emerges as lowest bidder for project floated by NHAI

13 Dec 2021 Evaluate

Ircon International (IRCON) has been emerged as the lowest bidder for construction of 4 by 6 lane green fields Ludhiana Rupnagar NH205 K from junction with NE5 Manewal Ludhiana to junction with NH205 Bheora Rupnagar spur to Kharar with Ludhiana bypass under BMP in Punjab on Hybrid Annuity Mode Package 366.440 to 90.500 and spur to Kharar 0.000 to 19.200 total 43.26 (Pacakge 3). The project was floated by National Highways Authority of India (NHAI) on competitive bidding and value of the project is approximately Rs 11 07 crore (Bid Project Cost). The completion period of the project is 2 years.

This work will be undertaken and executed by 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.

Ircon International Share Price

154.75 12.35 (8.67%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
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Rail Vikas Nigam 303.10
NCC 161.30
KEC International 580.10
Kalpataru Projects 1232.90
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