Ircon International Soars 2.30% with Rs 122 Crore Sri Lanka Railways Contract
September 24, 2023
Bagged New Orders
/ Infrastructure
Ircon International Gains 2.30% on Stock Market After Securing Rs 122 Crore Contract with Sri Lanka Railways Ircon International, a public sector construction company, has recently made headlines with its latest venture. The company has secured a contract worth approximately Rs 122 crore with Sri Lanka Railways. This contract marks a significant step in Ircon International’s journey towards becoming a global leader in infrastructure projects. A New Chapter in Sri Lanka’s Railway Infrastructure On 21st September 2023, Ircon International announced that it had executed a contract agreement with Sri Lanka Railways. The contract involves the design, installation, testing, commissioning, and certification of signalling and telecommunication systems from Maho Junction to Anuradhapura. This project is part of the Indian Line of Credit and is expected to be completed within 24 months from the date of signing. Ircon International: A Diversifi...