"Ircon International Ltd JV Secures ₹1,198.09 Crore Contract"

Ircon International Limited (IRCON), in joint venture with Dineshchandra R Agrawal Infracon Pvt Ltd (DRA), known as Ircon-DRA JV, has been awarded the Letter of Acceptance (LOA) for a major railway project. The contract involves the construction of the Kottavalasa-Koraput Doubling Project from Km 45.483 to Km 72.550, covering the stretch from Shivalingapuram Station to Borraguhalu Station.

This project is part of the Kottavalasa-Koraput Doubling Project in the Waltair Division of the East Coast Railway. The work will be executed in the Engineering, Procurement, and Construction (EPC) mode at a quoted bid price of ₹1,198.09 crores.

The Kottavalasa-Koraput Doubling Project is aimed at enhancing railway infrastructure and increasing capacity along this critical corridor. The project is expected to improve connectivity, reduce congestion, and support the growing transportation demands in the region. With the award of this contract, Ircon-DRA JV is set to undertake significant construction work, contributing to the development and modernization of the East Coast Railway network.

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