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IRCON Secures Rs 1,200 Cr Railway Project in Joint Venture

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IRCON Secures Rs 1,200 Cr Railway Project in Joint Venture

IRCON declared that it had secured a joint venture for a railway project estimated to be worth Rs 1,200 crore. Construction of the Kottavalasa-Koraput Doubling Project from Shivalingapuram Station to Borraguhalu Station is the project that East Coast Railway has awarded. According to IRCON’s exchange filing, the project, which is being carried out under the joint venture Ircon-DRA JV with Dineshchandra R Agrawal Infracon Pvt Ltd (DRA), will be completed in the engineering, procurement, and construction (EPC) mode in a period of 1,260 days.

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