IRCON International wins ₹862.46 crore EPC contract from East Central Railway
IRCON International received an order for track construction and railway-material supplies tied to the third and fourth lines of the Son Nagar–Andal project.
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what happened
State-owned engineering and construction company IRCON International Ltd received a Letter of Acceptance on Monday, October 12, for an EPC contract worth ₹862.46 crore from East Central Railway, CNBC TV18 reported. The order covers track works and railway-material supplies for construction of the third and fourth lines of the Son Nagar–Andal project.
The scope includes ballast and permanent way material supplies, track laying and linking, and miscellaneous work designed for a 32.5-tonne axle load. Execution will take place on the Gomoh–Koderma section in the Dhanbad division and the Gaya–Son Nagar section in the Deen Dayal Upadhyaya division. Materials will also be supplied at Gaya. The contract period is 365 days. IRCON said the award came from a domestic entity, is classified as an EPC works contract, and is not a related-party transaction; its promoters, promoter group and group companies have no interest in the awarding entity. IRCON shares closed on the BSE at ₹104.70, up ₹0.100, or 0.096%.
why it matters
The award adds to IRCON’s railway-infrastructure order book. Market attention is likely to focus on the contract’s ₹862.46 crore value, its 365-day execution period and the company’s disclosure that it is not a related-party transaction.
instruments
sources
- IRCON International bags ₹862 crore EPC contract from East Central Railway — CNBC TV18, 12 October 2026 at 13:27 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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