Ircon-DRA JV awarded LoA for project floated by East Coast Railway
The order is supposed to be constructed in Engineering, Procurement and Construction (EPC) mode.
![Ircon-DRA JV awarded LoA for project floated by East Coast Railway](https://www.psuconnect.in/sdsdsd/ircon5.jpg)
Ircon International Limited (IRCON) under its Joint Venture with Dineshchandra R Agrawal Infracon Pvt Ltd (DRA) i.e. Ircon-DRA JV has been awarded the LOA for the construction of Kottavalasa-Koraput Doubling Project from Km. 45.483 to Km. 72.550 from Shivalingapuram Station to Borraguhalu Station in connection with Kottavalasa Koraput Doubling Project of Waltair Division, East Coast Railway on EPC mode at a quoted bid price of Rs. 1198.09 Crores.
The Broad consideration or size of the order is Rs.1198.09 Crores and the time given to complete the order is 1260 days.
Read Also : IndusInd Bank Q1 FY25 results, net profit at 2% YoYThe order is given by East Coast Railway for the Construction of Kottavalasa-Koraput Doubling Project from Km. 45.483 to Km. 72.550 from Shivalingapuram Station to Borraguhalu Station in connection with Kottavalasa Koraput Doubling Project of Waltair Division, East Coast Railway on EPC mode.
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