IRCON International with its JV emerges lower bidder for Rs3429cr tender

The completion period of the project is approx. 4.5 years.

Oct 05, 2021 05:10 IST India Infoline News Service

Ircon International Limited (IRCON) with its JV partner has emerged as the lowest bidder valuing Rs3429cr in the tender floated by National High Speed Rail Corporation Limited (NHSRCL).

The tender is for the design and construction of 18.133 km of viaduct involving Ahmedabad Station and Sabarmati Station and associated works for the project for construction of Mumbai-Ahmedabad High Speed Rail.

The completion period of the project is approx. 4.5 years.

On Tuesday, Ircon International ended at Rs47.50 apiece up by Rs2.4 or 5.32% from its previous closing of Rs45.10 apiece on the BSE.

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