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Ircon International’s JV secures turnkey works contract from MSETCL

27 Oct 2025 Evaluate

Ircon International in Joint Venture with Finolex J-Power Systems has secured turnkey works contract from Maharashtra State Electricity Transmission Co. (MSETCL) for construction of 220Kv D/C from 400/220 kV Koradi-II SIS to Mankapur S/S (O/H+U/G) under Nagpur Zone on turnkey basis. The size of the order is Rs 168.40 crore (excluding GST). 

Under the joint venture, Ircon International holds a 51% share, while Finolex J-Power Systems holds the remaining 49% share. 

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

Peers
Company Name CMP
Larsen & Toubro 3632.00
Kalpataru Projects 1368.90
NCC 125.55
Rail Vikas Nigam 199.75
KEC International 352.15
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