IRCONIrcon International Limited
Ircon wins a ₹96 crore five-year maintenance contract for Katra–Banihal tunnel communication systems
- Order win
- Railways
Ircon International Limited has told the exchanges on 9 Oct 2026 that Konkan Railway Corporation Limited has awarded it a works contract dated 8 Oct 2026, a comprehensive annual maintenance contract for the integrated tunnel communication system in the Katra–Banihal section of Northern Railway. The system covers IP-based video surveillance, public address, emergency communication and the networking backbone installed at tunnels, bridges and stations.
The contract value is ₹96,25,49,694 including GST, for a period of 60 months. The order is domestic, and the company says that its promoters and group companies have no interest in the awarding entity.
Inference
The contract is maintenance and not construction, and it runs over five years. At ₹96.25 crore including GST over 60 months, the average annual value is about ₹19 crore.
Reference: Original filing (PDF)
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