Ircon International Limited (IRCON) has announced signing terms and conditions with Northeast Frontier Railway for two significant contracts involving maintenance and breakdown services. These projects, valued at approximately Rs 89 crore, highlight IRCON’s commitment to ensuring efficient operations of Overhead Equipment (OHE) and Power Supply Installations (PSI) in the Tinsukia and Lumding Divisions.
Project Details:
- Tinsukia Division:
- Scope: TRD Maintenance & Breakdown Attention Work
- Coverage: Nine OHE Depots
- Project Value: Rs 39 crore (approx.)
- Lumding Division:
- Scope: TRD Maintenance, Breakdown Attention & Related Work
- Coverage: 11 OHE Depots
- Project Value: Rs 50 crore (approx.)
Execution Timeline:
Both projects are set to be completed within 24 months.
Key Highlights:
- These contracts aim to enhance the reliability and efficiency of railway operations in the Northeast Frontier regions.
- The agreements do not involve any related party transactions, ensuring transparency and adherence to regulatory standards.
This collaboration underscores IRCON’s leadership in railway infrastructure development and its pivotal role in modernizing India’s railway networks.
TOPICS:
IRCON