IRCON bags Rs 96.25-crore maintenance contract from Konkan Railway

New Delhi: Ircon International Limited has secured a Rs 96.25-crore contract from Konkan Railway Corporation Limited (KRCL) to maintain communication and safety systems along the Katra–Banihal rail section in Jammu and Kashmir.

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The contract, valued at Rs 96.25 crore, including GST, will be executed over five years, according to a regulatory filing by the state-owned engineering and construction company on Friday.

Under the agreement, IRCON will undertake the comprehensive annual maintenance of the Integrated Tunnel Communication System installed along the Katra–Banihal section.

The scope of work includes maintenance of IP-based video surveillance systems, public address systems, emergency communication systems, networking infrastructure and associated communication facilities across tunnels, bridges and railway stations on the route.

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The Katra–Banihal section forms part of the Udhampur–Srinagar–Baramulla Rail Link (USBRL) project, a key railway connectivity initiative in the Himalayan region. Maintaining reliable communication, surveillance and emergency warning systems is essential for the safe and efficient operation of railway infrastructure in the challenging terrain.

IRCON said the contract is a domestic works order awarded by KRCL on an arm’s-length basis. The company clarified that the contract does not involve any interest of its promoter group and does not constitute a related-party transaction.

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