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Ircon bags Mumbai Metro Line-5 contract worth Rs 471.30 crore from MMRDA

Ircon bags Mumbai Metro Line-5 contract worth Rs 471.30 crore from MMRDA

Business Upturn18-07-2025
Ircon International Ltd has recently informed exchanges that the company bagged a significant work order from the Mumbai Metropolitan Region Development Authority (MMRDA) for the Mumbai Metro Line-5 Project. As per the exchange filing under SEBI regulations, the contract—valued at ₹471.30 crore along with €2.84 million—covers critical electrical and mechanical infrastructure for the Metro's Line-5, Package-2 (CA-239).
The scope includes the design, manufacturing, supply, installation, testing, and commissioning of a 220 kV receiving substation, along with 220 kV, 33 kV, and 25 kV cabling. It also covers the complete 25 kV overhead catenary system, switching stations, auxiliary power distribution systems, SCADA systems, and installation of lifts and escalators across parts of the main line, stations, and Kasheli Depot.
The contract comes with a 108-week design and build timeline, followed by a two-year defect liability period and five years of comprehensive maintenance. The project will play a crucial role in strengthening the power infrastructure of Mumbai's growing metro network.
The order is a domestic works contract and underscores Ircon's deep expertise in executing complex rail infrastructure projects in India.
In the meantime, the company also received a Letter of Award from Rail Vikas Nigam Ltd for a ₹755.78 crore railway project in Madhya Pradesh. The contract covers civil and electrical works for the new Pipaliya Nankar–Budni broad-gauge line. IRCON will execute the project in JV with JPWIPL, holding a 70% stake. IRCON's share is valued at ₹529.05 crore, and the project will be completed in 36 months, plus a 6-month defect liability period.
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Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at BusinessUpturn.com
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