IRCON Secures Rs 1,200 Cr Railway Project in Joint Venture
IRCON announced securing a railway project valued at about Rs 1,200 crore through a joint venture. The project, awarded by East Coast Railway, involves the construction of the Kottavalasa-Koraput Doubling Project from Shivalingapuram Station to Borraguhalu Station. Operated under the joint venture Ircon-DRA JV with Dineshchandra R Agrawal Infracon Pvt Ltd (DRA), the project will be executed in engineering, procurement, and construction (EPC) mode within 1,260 days, as per IRCON's exchange filing.