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Ircon International secures LoA from Rail Vikas Nigam

19 Jul 2025 Evaluate

Ircon International has been awarded with Letter of Award (LoA) for the project floated by Rail Vikas Nigam (RVNL) (Participated in this bid in JV mode with M/s JPWIPL (i.e., IRCON - 70% & JPIWL - 30%). The LoA is for 'Construction of Roadbed, Minor Bridges, Buildings, Installation of Track (Excluding Supply of Rails, Sleeper & Thick Web Switches), and other Civil Engineering and General Electrical Works in connection with New BG Railway Line Between Pipaliya Nankar (Excl.) - Budni (Incl.) Stations (Chainages 129.000 - 198.000 Km) in Indore-Budni section of Bhopal Division West Central Railway in Madhya Pradesh State, India.'  The size of the order is Rs 755.78 crore (IRCON share is Rs 529.04 crore). 

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

Peers
Company Name CMP
Larsen & Toubro 3879.00
Kalpataru Projects 1391.05
NCC 132.85
Rail Vikas Nigam 206.80
KEC International 396.95
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