18-07-2025
Ircon bags three major orders worth over Rs 1,668 crore for metro and railway projects
By Aditya Bhagchandani Published on July 18, 2025, 20:01 IST
Ircon International Limited on Friday announced that it has secured three significant contracts from domestic clients — Mumbai Metropolitan Region Development Authority (MMRDA) and Rail Vikas Nigam Limited (RVNL) — with a combined order value exceeding ₹1,668 crore. MMRDA – Mumbai Metro Line-5
Ircon received a Letter of Acceptance from MMRDA for Mumbai Metro Line-5 (Thane-Bhiwandi-Kalyan), Package-3, valued at approximately ₹471.3 crore and €2.84 million (about ₹496 crore).
Scope of work includes: Design, supply, installation, testing, and commissioning of a 220 kV receiving substation, 220/33/25 kV cabling, and complete 25 kV overhead catenary system.
Construction of switching stations, auxiliary power distribution, SCADA systems, electrical & mechanical works, lifts, escalators, and depot equipment.
Five years of comprehensive maintenance after two years of defect liability.
The project is scheduled for 108 weeks plus maintenance. MMRDA – Mumbai Metro Line-6
Ircon also bagged another contract from MMRDA for Mumbai Metro Line-6 (Swami Samarth Nagar to Vikhroli EEH), Package-2, valued at approximately ₹642.44 crore and €2.79 million (about ₹669 crore).
Scope of work includes: Design, manufacture, supply, installation, integration, testing, and commissioning of power supply & traction systems, E&M works, lifts, and escalators.
Includes five years of comprehensive maintenance post a two-year defect liability period.
This project will be executed in 104 weeks, plus maintenance.
Ircon clarified that both MMRDA contracts are with domestic entities and do not involve any related-party transactions. RVNL – Pipaliya Nankar to Budni Railway Line
The third contract was awarded by Rail Vikas Nigam Limited (RVNL) to an Ircon-JPWIPL joint venture, with Ircon's share at 70%. The total contract is valued at about ₹755.78 crore , with Ircon's share being ₹529.05 crore .
The project involves construction of roadbed, bridges, buildings, track installation (excluding rails, sleepers, thick web switches), general electrical works for the new BG railway line between Pipaliya Nankar and Budni in Madhya Pradesh .
Scheduled to be completed in 36 months, plus six months of defect liability.
These wins highlight Ircon's strong execution capability in the metro, railway, and urban transport segments, reinforcing its leadership in delivering large, complex infrastructure projects across India.
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Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
