Ircon International emerges lowest bidder for project worth Rs 5,142 crore

Ircon International

Ircon International has emerged L-1 bidder in a tender valuing approximately Rs 5,142 crore floated by National High Speed Rail Corporation Limited (NHSRCL).

The project work include design, supply and construction of track and track related works including Testing and Commissioning for Double Line High Speed Railway between Zaroli village at Maharashtra-Gujarat Border (MAHSR Km.156.600) and Vadodara (MAHSR Km.393. 700) in the State of Gujarat and the Union Territory of Dadra and Nagar Haveli for the project for construction of Mumbai-Ahmedabad High Speed Rail (Package No. MAHSR T-2).

Ircon International was quoting at Rs 49.75, up Rs 1.45, or 3 percent on the BSE.

News Source:- Moneycontrol

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