Ircon International Limited — New Orders, 18-07-2025: Bagging/Receiving of orders/contracts

Ircon International has secured a major contract from Mumbai Metropolitan Region Development Authority (MMRDA) for the Mumbai Metro Rail Line 5 Project. The order is valued at approximately INR 471.3 Cr and EUR 2.84 million. This comprehensive works contract involves design, supply, installation, and commissioning of electrical, mechanical, and system works. The project includes a 108-week design-build period, followed by 2 years of defect liability and 5 years of comprehensive maintenance, positively impacting the company's order book visibility.