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Ircon International’s JV receives LoA for construction of Kottavalasa-Koraput Doubling Project

29 Apr 2024 Evaluate

Ircon International (IRCON) under its Joint Venture with Dineshchandra R Agrawal Infracon (DRA) i.e. Ircon-DRA JV has been awarded the Letter of Award (LoA) for the construction of Kottavalasa-Koraput Doubling Project from Km. 45.483 to Km. 72.550 from Shivalingapuram Station to Borraguhalu Station in connection with Kottavalasa Koraput Doubling Project of Waltair Division, East Coast Railway on EPC mode at a quoted bid price of Rs 1198.09 crore. The said contract is expected to be executed in 1260 days. 

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


Peers
Company Name CMP
Larsen & Toubro 4118.90
Kalpataru Projects 1370.40
NCC 122.95
Rail Vikas Nigam 192.25
KEC International 333.10
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