IRCON International Ltd bags order from RVNL
The project has been awarded to the IRCONPARAS-PCM JV in the ratio of 60:25:15 respectively.
Ircon International Limited (IRCON) has been awarded an LOA for the work of “Design, supply, installation, testing and commissioning of broad gauge ballastless track (BLT), supply of ballast and installation of the track (excluding supply of rails and track sleepers) between chainage 6+015 (FLS) to 125+200 (FLS) in connection with New BG line between Rishikesh and Karanprayag (125km) in the state of Uttarakhand, India” through a Joint Venture i.e. IRCON- Paras Railtech Private Limited.
According to the exchange filing made, Rail Vikas Nigam Limited has awarded the order for the Design, supply, installation, testing and commissioning of broad gauge ballast less track (BLT), supply of ballast and installation of track (excluding supply of rails and track sleepers) between chainage 6+015 (FLS) to 125+200 (FLS) in connection with New BG line between Rishikesh and Karanprayag (125km) in the state of Uttarakhand, India.
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The Time needed to execute the order is 42 months. The broad consideration or size of the order is Rs. 750 crore.
The project has been awarded to the IRCONPARAS-PCM JV in the ratio of 60:25:15 respectively.
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