Ircon International’s (IRCON) Joint Venture -- IRCON-PARAS- PCM has been awarded a Letter of Award (LOA) for the work of ‘Design, supply, installation, testing and commissioning of broad gauge ballastless track (BLT), supply of ballast and installation of track (excluding supply of rails and track sleepers) between chainage 6+015 (FLS) to 125+200 (FLS) in connection with New BG line between Rishikesh and Karanprayag (125km) in the state of Uttarakhand, India. The size of contract is Rs 750.82 crore.
Ircon International has been awarded a Letter of Award through a Joint Venture i.e. IRCON- Paras Railtech- PCM Strescon Overseas Ventures [IRCON-PARAS-PCM (JV)] in the ratio of 60:25:15 respectively.
Ircon International is an integrated Indian engineering and construction company, specializing in major infrastructure projects.
