Ircon International Limited, a government-owned infrastructure firm, announced on Thursday, May 15, 2025, that it has received a Letter of Acceptance (LOA) from North Western Railway for a significant railway technology project.
As per the exchange filing, the contract is for the provision of a Remote Diagnostic & Predictive Maintenance System across several railway sections including:
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RE-MD Section (Jaipur Division)
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MD-PNU Section (Ajmer Division)
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RE-BTI Section (Bikaner Division)
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MTD-LUNI Section (Jodhpur Division)
The total value of the project is ₹51.62 crore (₹51,61,72,418.81), and the work is expected to be completed within 24 months from the date of the LOA.
The awarded work is a domestic works contract and does not fall under related party transactions. Ircon also confirmed that the promoters and promoter group have no interest in the entity awarding the order.
This project win reinforces Ircon’s growing expertise and execution capabilities in railway infrastructure, especially in deploying modern predictive maintenance technologies to enhance safety and operational efficiency.
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