RVNL awards railway infra project worth Rs 872.69 crore to IRCON
The project includes the construction of Tunnel T1 (from Km 33+160 to Km 34+400) and Tunnel 2 (from Km 57+400 to Km 66+040), along with a ballast-less track and related formation works.
New Delhi: State-run Rail Vikas Nigam Ltd has awarded a major railway infrastructure project to IRCON International Limited (IRCON) through its joint venture with SSNR Projects Private Limited (IRCON-SSNR JV). The project includes the construction of Tunnel T1 (from Km 33+160 to Km 34+400) and Tunnel 2 (from Km 57+400 to Km 66+040), along with a ballast-less track and related formation works.
This is a part of the electrified new broad-gauge railway line between Mangliyagaon (Indore) and Budni stations, spanning 198 km across the Ratlam and Bhopal divisions of Western and West Central Railways in Madhya Pradesh.
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The cost of the respective project is at Rs 872.69 crore (including GST) and will be executed over a period of 40 months, with an additional six-month defect liability period. IRCON secures this project through a 70% share in the joint venture, amounting to Rs 610.88 crore, while SSNR Projects holds the remaining 30%.
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