Ircon International (IRCON) has emerged as the lowest bidder for construction of 8-Lane Access Controlled Expressway (Bhoj to Morbe Section-SPUR of Vadodra Mumbai Expreesway) in the State of Maharashtra on Hybrid Annuity Mode under Bharatmala Pariyojana (Phase 11 - Package XVII).
The project was floated by National Highways Authority of India (NHAI) on competitive bidding and value of the project is around Rs 1436 crore (Bid Project Cost). The completion period of the project is 2.5 years. 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.
| Company Name | CMP |
|---|---|
| Larsen & Toubro | 4094.95 |
| Rail Vikas Nigam | 303.10 |
| NCC | 161.30 |
| KEC International | 580.10 |
| Kalpataru Projects | 1232.90 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: