IRCON secures order worth $14.89 million in Sri Lanka

“IRCON has awarded the work for procurement of Design, Installation, Testing, Commissioning and Certifying of Signalling and Telecommunication system from Maho Junction (Including) to Anuradhapura (Excluding) by Sri Lanka Railways, Ministry of Transport, Sri Lanka, under Indian Line of Credit at a total price of USD 14.89 Million equivalent to approx. INR 122 Crore,” the company said in a press release. 

IRCON has secured the work on competitive bidding basis and the contract period will be 24 months from the date of signing of the Contract Agreement. 

It is a Miniratna (Category-I) Schedule -A, Public Sector Enterprises. A government company, IRCON was incorporated by the Central Government (Ministry of Railways). It is the leading turnkey construction company in the public sector. 

The company has widespread operations in several states in India, and countries across the globe. They have specialized constructions organization covering the entire spectrum of construction activities and services in the infrastructure sector. 

The company has executed projects operated in the areas of Railway construction including ballast less track, electrification, tunneling, signal & telecommunication as well as leasing of locos, construction of roads, highways, commercial, industrial & residential buildings and complexes, airport runway and hangars, metro and mass rapid transit system, etc. 

IRCON has completed more than 128 projects in 25 countries across the globe and 398 projects in various states in India.