New Delhi: IRCON International Limited received a Letter of Acceptance (LoA) from Konkan Railway Corporation Limited for the maintenance contract. The order further strengthens IRCON’s presence in the specialised railway communication, infrastructure maintenance and systems management segment.
The company disclosed the contract to the stock exchanges under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
IRCON Wins ₹96.25 Crore Contract from Konkan Railway
The contract awarded by Konkan Railway Corporation Limited involves the comprehensive annual maintenance of the Integrated Tunnel Communication System installed in the Katra-Banihal section.
The key details of the contract are as follows:
- Company: IRCON International Limited
- Awarding authority: Konkan Railway Corporation Limited
- Contract value: ₹96.25 crore, inclusive of GST
- Contract duration: 60 months (five years)
- Nature of contract: Domestic works contract
- Project location: Katra-Banihal section
The agreement covers the maintenance of critical communication and surveillance systems that support railway operations across tunnels, bridges and stations.
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Scope of Work Covers Four Key Communication Systems
Under the contract, IRCON will undertake comprehensive maintenance of the Integrated Tunnel Communication System and its associated infrastructure across the specified railway section.
The scope of work includes the following systems:
- IP-Based Video Surveillance System: Maintenance of video surveillance infrastructure used for monitoring railway facilities.
- Public Address System: Maintenance of public address facilities used for announcements and communication at railway locations.
- Emergency Communication System: Maintenance of communication facilities designed to support communication during emergencies.
- Networking Backbone System: Maintenance of the networking infrastructure connecting the communication and surveillance systems.
The maintenance work will cover installations located in tunnels, bridges and railway stations across the Katra-Banihal section. The contract is intended to support the continued functioning and reliability of these railway communication systems over the five-year period.
IRCON Discloses Contract Details Under SEBI Regulations
IRCON International has informed the stock exchanges about the contract in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The company has also clarified that the contract does not involve any interest of its promoter or promoter group. It does not fall under related-party transactions.
The disclosure provides details of the contract value, awarding authority, scope of work, duration and nature of the order.
Contract Strengthens IRCON’s Railway Communication Business
The ₹96.25 crore order expands IRCON’s role in the specialised railway communication and maintenance segment. The contract covers multiple systems that support communication, surveillance, emergency response and networking across railway infrastructure.
With a five-year maintenance period, the project adds a long-term maintenance assignment to the company’s railway infrastructure portfolio. It also highlights the importance of maintaining integrated communication systems in railway tunnels, bridges and stations.
About IRCON International Limited
IRCON International Limited is a Government of India undertaking under the Ministry of Railways, specialising in transport infrastructure construction and engineering. Established in 1976, the company undertakes railway infrastructure, highways, bridges, tunnels, electrification and other infrastructure projects in India and overseas. IRCON contributes to the development and maintenance of critical transport infrastructure through its engineering and project management capabilities.
