Latest news with #MumbaiMetropolitanRegionDevelopmentAuthority
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Business Standard
2 hours ago
- Business
- Business Standard
Ircon International share price increases 4% on multiple deal wins; details
Ircon International share: Ircon International share was buzzing in trade on Monday, July 21, 2025, with the stock rallying up to 4.30 per cent to hit an intraday high of ₹195 per share. Around 1:10 PM, Ircon International share price was trading 2.01 per cent higher at ₹190.70 per share. In comparison, BSE Sensex was trading 0.40 per cent higher at 82,084.18 levels. Why were Ircon International shares buzzing in trade today? Ircon International share price was in focus today after the company announced securing multiple infrastructure project contracts. Firstly, Ircon International Limited received a Letter of Award (LoA) from Rail Vikas Nigam Limited (RVNL) for an infrastructure project in Madhya Pradesh. The contract has been awarded to a joint venture (JV) between IRCON (70 per cent share) and JPWPL (30 per cent share). The scope of the work includes the construction of roadbed, minor bridges, buildings, and installation of track (excluding the supply of rails, sleepers, and thick web switches), along with electrical, signaling, and telecommunication (S&T) works. These civil engineering and general electrical works will be carried out in connection with the new broad gauge (BG) railway line between Pipariya (Km 82100) and Budni (Km 180000), under the Bhopal Division of the West Central Railway in Madhya Pradesh. The contract is classified as a domestic item rate contract, and the total duration for execution is 36 months, along with a 6-month defect liability period. The total contract value is ₹755.78 crore, out of which IRCON's share amounts to ₹529.04 crore. Secondly, Mumbai Metropolitan Region Development Authority (MMRDA) has awarded a contract to Ircon International for the execution of works related to the Mumbai Metro Line 5 (Package-2). The scope of the contract involves detailed design, manufacturing, supply, installation, integration, testing, and commissioning of the 220 kV receiving substation, including 220 kV, 33 kV, and 25 kV cabling work. Additionally, the project covers a 25 kV overhead catenary system (OCS) along with switching stations, auxiliary substations (ASS), and complete SCADA system integration. The awarded contract also includes electrical and mechanical works, lift and escalator works for parts of the main line, stations, and the Kasheli Depot. The total duration for the contract execution is 108 weeks, followed by 2 years of Defect Liability and Maintenance Period (DLMP), and an additional 5 years of comprehensive maintenance thereafter. The contract has been awarded as a domestic work contract, and its total value stands at ₹471.29 crore, inclusive of taxes. Lastly, Ircon International has been awarded a contract by the Mumbai Metropolitan Region Development Authority (MMRDA) for the execution of key systems works under Mumbai Metro Line 5. The awarded contract pertains to CA-233, Line-5, Package-2, and includes the design, manufacture, supply, installation, integration, testing, and commissioning of the power supply and traction system. It also covers lift and escalator works, along with 2 years of Defect Liability Maintenance and 5 years of Comprehensive Maintenance. The scope of work includes Electrical and Electromechanical (E&M) works, as well as systems for the Electrical and Electromechanical Interface (EEEI) of the Mumbai Metro Rail Project of MMRDA. The total contract value is ₹642.44 crore, excluding taxes. The project is expected to be executed over a period of 104 weeks, followed by 2 years of Defect Liability Maintenance and 5 years of Comprehensive Maintenance after the completion of the defect liability period. About Ircon International Established in 1976 under the Indian Companies Act 1956 by Indian Railways, Ircon International Limited (Ircon) is an engineering and construction corporation specialising in transport infrastructure. The company specialises in turnkey construction services, including railways (new lines, rehabilitation/conversion, stations, bridges, tunnels, signalling, electrification, and locomotive leasing), highways, EHV sub-station projects, and metro rail systems. Over the years, it has diversified into various segments of transport and infrastructure development. The market capitalisation of Ircon International is ₹18,043.7 crore, according to BSE. The company falls under the BSE 500 index category.
Mint
2 hours ago
- Business
- Mint
IRCON International share price jumps 4% on multiple order book updates: Check Details
Stock Market Today: IRCON International share price gained more than 4% in the morning trades on Monday. The gains were led by multiple order book updates in the Metro railway segment: Check Details IRCON International announced multiple order book updates that lifted investor sentiments. IRCON International has announced receipt of a letter of acceptance (LOA) from the Mumbai Metropolitan Region Development Authority (MMRDA). Mumbai Metropolitan Region Development Authority has awarded the work to Ircon International Limited. The scope of work in one project os for CA-239, Line-5, Package-2: Design, Manufacture, Supply, Installation, Integration, Testing, and Commissioning of 220 kV Receiving Substation Including 220 kV, 33 kV & 25 kV Cabling Work, Complete kV Overhead Catenary System along with Switching Station, 33 kV Auxiliary Power Distribution System Including 33/0.415 kV Auxiliary Sub-Station (ASS), and Complete SCADA System. The work also includes electrical and Mechanical works, Lift & escalator works for part of the main line, stations & Kasheli Depot of the Mumbai Metro Rail Line 5 Project of MMRDA. Including 5 years of comprehensive maintenance after 2 years of defect liability and maintenance period. The contract value is ₹ 471.30 crore ( ₹ 471,297,282,000). Another LOA received by IRCON International from the Mumbai Metropolitan Region Development Authority has awarded the work to Ircon International Limited for CA-233, Line-6, Package-2: The scope of work involves design, manufacture, supply, installation, integration, testing, and commissioning of power supply and traction, E & M, and lifts & escalators, including 5 years of comprehensive maintenance after 2 years of defect liability maintenance period of Line 6 [Swami Samarth Nagar to Vikhroli (EEH)] of the Mumbai Metro Rail Project of MMRDA. The size of the order is ₹ 642.44 crore, or ₹ 642,440,245,134, and EUR 2,788,168.31 (Six Hundred and Forty-Two Crore Forty-Four Lakh Two Thousand Four Hundred and Fifty-One Rupees and Thirty-Four Paisa and Two Million Seven Hundred Eighty-Eight Thousand Euros Only) IRCON International Order also announced Receipt of a Letter of Award (LOA) from Rail Vikas Nigam Limited (RVNL) The scope of order for IRCON International in the state of Madhya Pradesh is for "Construction of Roadbed, Minor Bridges, Buildings, Installation of Track (Excluding Supply of Rails, Sleepers & Thick Web Switches), and other Civil Engineering and General Electrical Works in connection with New BG Railway Line Between Pipaliya Nankar (Excl.) – Budni (Incl.) Stations (Chainages 129.000 – 198.000 Km) in Indore-Budni section of Bhopal Division West Central Railway in Madhya Pradesh State, India " The order is for ₹ 755.79 crore IRCON International share price thereby opened at ₹ 192.10 and went on to hit highs of ₹ 195, and this meant gains of more than 4% during the intraday trades compared to the previous day's closing price of ₹ 186.95. Disclaimer: The views and recommendations made above are those of individual analysts or brokerage companies and not of Mint. We advise investors to check with certified experts before making any investment decisions.
News18
a day ago
- Automotive
- News18
Mumbai Wadala-Thane Metro-4: MMRDA Installs Steel Span Above Ghodbunder Without Disturbing Traffic
Last Updated: Mumbai Wadala-Thane Metro-4: 'Lifted and placed a 48-meter-long steel span over a busy road in 2 nights, keeping city heavy on Ghodbunder Road.' 100 Engineers, 4 Cranes, 2 Nights: How Metro-4's 325-Tonne Span Was Placed Without Holding Traffic The Mumbai Metropolitan Region Development Authority (MMRDA) on Friday installed a 48-metre-long steel span at Kapurbawadi Junction near Majiwada on Metro Line 4, linking Wadala and Kasarvadavli. The work on the Wadala-Thane line is now 84.5% complete, said MMRDA. In a post on X, MMRDA said: 'Lifted and placed a 48-meter-long steel span over a busy road in just 2 nights, keeping the city moving while we worked. Despite heavy rain, ongoing traffic on Ghodbunder Road, and limited space due to nearby flyovers, extra resources were deployed to keep the work going smoothly without any interruptions." Mumbai Metro-4: The 325-tonne steel span Length: 48m Height: 14m Weight: 325 tonnes मेट्रो लाईन ४ साठी एक ऐतिहासिक क्षण !एमएमआरडीएने कापूरबावडी जंक्शनजवळ स्टील स्पॅन यशस्वीरित्या बसवला आहे, हा स्टील स्पॅन मेट्रो लाईन ४ कॉरिडॉरच्या प्रगतीतील एक महत्त्वाचे पाऊल आहे! फक्त २ रात्रीत हे काम पूर्ण करण्यात आले. वर्दळीच्या रस्त्यावर ४८ मीटर लांबीचा स्टील स्पॅन उचलून… — MMRDA (@MMRDAOfficial) July 19, 2025 How was Mumbai Metro-4 steel span installed? Lifted by 700MT & 550MT cranes Backup cranes (500TN & 80TN) for full support Over 100 engineers, workers & safety staff 50+ trained traffic wardens 6 trailers, 3 Hydras, 3 Eicher trucks 3 Manlifters, 1 ambulance on standby 'We thank all the government authorities and agencies involved for their invaluable guidance and support, which played a crucial role in the successful and safe completion of this challenging work," said the MMRDA. About Mumbai Metro-4 The Wadala to Kasarvadavali Line 4 with 30 elevated stations, and its 2.7-kilometre extension Line 4A up to Gaimukh, are expected to substantially reduce daily c ommute times —by as much as 75% in some sections. The Wadala to Kasarvadavali link is a 32.32-km-long elevated corridor with 30 stations. The stations are Bhakti Park Metro, Wadala TT, Anik Nagar Bus Depot, Siddharth Colony, Garodia Nagar, Pant Nagar, Laxmi Nagar, Shreyes Cinema, Godrej Company, Vikhroli Metro, Surya Nagar, Gandhi Nagar, Naval Housing, Bhandup Mahapalika, Bhandup Metro, Shangrila, Sonapur, Mulund Fire Station, Mulund Naka, Thane Teen Haath Naka, RTO Thane, Mahapalika Marg, Cadbury Junction, Majiwada, Kapurbawdi, Manpada, Tikuji-Ni-Wadi, DongariPada, Vijay Garden, Kasarvadavali. Mumbai Metro-4 connectivity Metro-4 will provide interconnectivity to the Eastern Express Roadway, Central Railway, Mono Rail, the ongoing Metro Line 2B (D N Nagar to Mandale), Metro Line 5 (Thane to Kalyan), Metro Line 6 (Swami Samarth Nagar to Vikhroli). It will provide rail-based access to the commercial, government bodies and geographical landmarks in Mumbai. view comments Location : Mumbai, India, India First Published: Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
Indian Express
2 days ago
- General
- Indian Express
Mumbai Metro Line 4: MMRDA installs 48 m steel span above Ghodbunder Road
As part of the ongoing work of Metro Line 4, the Mumbai Metropolitan Region Development Authority (MMRDA) on Friday night installed a 48-metre-long steel span at Kapurbawadi Junction on the rail, linking Wadala and Kasarvadavli. According to the officials, the important section was laid over the congested Ghodbunder Road in two nights, without affecting city far, MMRDA has completed 84.5 per cent of the work on the line. The steel structure comprises four huge steel girders that are 14 metres high and weigh 325 tonnes. With this installation, all the special steel spans from Majiwada to Kasarvadavli have been completed. The new span is at the elevated portion of the corridor and was intended to span a complicated junction bordered by existing flyovers. In order to have minimal interference, the contractors deployed heavy machinery in the form of 700-tonne and 550-tonne cranes with backup cranes, trailers and a safety team of over 100 engineers and labourers. Backing them up were more than 50 trained traffic wardens, standby ambulances and equipment such as manlifters and trucks. Metro Line 4, extending more than 32.32 kilometres and having 32 stations, is intended to improve east-west connectivity in Mumbai. It will connect Wadala in the southern-central area of the city with Kasarvadavli in Thane, passing through important points like Chembur, Ghatkopar, Mulund, and Thane. Upon completion, the Metro Line 4 corridor would be able to bring down travel time between the eastern suburbs and Thane tremendously. The milestone right now maintains the timeline for commissioning of the corridor under Phase 1. The officials attributed the smooth completion of the high precision job to the coordination among different government agencies. 'We thank all the government authorities and agencies involved for their invaluable guidance and support, which played a crucial role in the successful and safe completion of the challenging work,' an MMRDA official said.
Business Standard
2 days ago
- Business
- Business Standard
Ircon International secures MMRDA project worth Rs 471.29 cr
Mumbai Metropolitan Region Development Authority has awarded the work to Ircon International for CA-239, Line-5, Package-2: Design, Manufacture, Supply, Installation, Integration, Testing And Commissioning of 220 kV receiving Substation Including 220 kV, 33kV & 25kV Cabling Work, Complete 25kV Overhead Catenary System along with switching station, 33kV Auxiliary Power Distribution System Including 33/0.415 kV Auxiliary Sub-Station (ASS) And Complete SCADA System, Electrical and Mechanical works, Lift & Escalator Works for part of Main Line, Stations & Kasheli Depot of Mumbai Metro Rail Line 5 Project of MMRDA Including 5 Years of Comprehensive Maintenance after 2 Years of Defect Liability and Maintenance Period. The estimated cost of the project is Rs 471.29 crore.
