Ircon International Limited — New Orders, 24-04-2025: Bagging/Receiving of orders/contracts

Northeast Frontier Railway has approved a variation order for Ircon International Limited's contract, increasing its value from ₹144.17 crore to ₹203.61 crore. This contract involves the supply, installation, testing, and commissioning of Integrated Tunnel Communication Systems, including the laying of optical fiber cables for the railway network in the Jiribam-Khongsang section of the Jiribam-Imphal new railway project. The total variation amount is ₹59.44 crore. The project is scheduled for execution by June 30, 2025. This development strengthens Ircon's position in the railway infrastructure sector, offering potential growth opportunities. Investors should watch closely for further updates on project execution and financial impacts.