IRCON International Ltd received LoA by NHIDCL for major constructions

The Period by which the contract is to be executed is approximately 36 months. While the Broad consideration or size of the order is Rs. 630.66 Crores

IRCON International Ltd received LoA by NHIDCL for major constructions

New Delhi: Ircon International Limited is awarded a Letter of Award (LOA) for the project floated by National Highways & Infrastructure Development Corporation Limited (NHIDCL). As per the BSE exchange filing, Ircon International Limited has been awarded the LOA for constructing the Twin Tube Uni-directional Aizawl Bypass Tunnel. The tunnel will be 2.5 km long and its approaches will be 2.1 km from km 10.600 to km 15.200 (Package-2) on Sairang-Phaibawk section of NH-6 in the state of Mizoram on EPC Mode.

 

Read Also : Over 1000 RINL employees took out a rally for non-transportation of RINL’s most essential raw material

The bid was quoted at Rs. 630.66 Crores. This information is being shared under Regulation 30, read with Part A (B) of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015.

 

Read Also : NTPC Emerges as Champion in AIMA’s Corporate Management Olympiad

The details of the work are the Construction of a Twin Tube Uni-directional Aizawl Bypass Tunnel of 2.5 km and its approaches of 2.1 km from km 10.600 to km 15.200 (Package-2) on the Sairang - Phaibawk section of NH-6 in the State of Mizoram on EPC Mode. The Period by which the contract is to be executed is approximately 36 months. While the Broad consideration or size of the order is Rs. 630.66 Crores.

Read Also : New Honeywell Naphtha Technology set to boost energy efficiency