IRCON secures work order worth Rs 51.61 crore from North Western Railway
IRCON secures RS 51.61 crore work order from North Western Railway for a remote diagnostic and predictive maintenance system across four divisions.
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State-owned IRCON International has been awarded the work order by North Western Railway for the provision of Remote Diagnostic & Predictive Maintenance System in RE-MD Section of Jaipur Division, MD-PNU Section of Ajmer Division, RE-BTI Section of Bikaner Division, MTD-LUNI Section of Jodhpur Division of North Western Railway.
The time needed to execute the order is 24 Months from the date of Issue of LOA and the cost of the project is at Rs 51.61 crores.
Shares of IRCON were trading higher by 2.37% at Rs 176.90 at BSE. The stock has been corrected over by 11.74% in the last one month.