IRCON JV secures Rs 763-crore smart grid project in Tripura

IRCON JV Badri Rai & Company has secured a contract worth Rs 763.10 crore from Tripura State Electricity Corporation for the implementation of a smart grid project in Agartala

Alt="Sudhir Singh appointed Director (Projects) of IRCON"

Published on:

23 Jun 2026, 11:59 am

New Delhi: State-run engineering and construction company IRCON International Limited on Tuesday said that its joint venture with Badri Rai & Company (BRC) has secured a contract worth Rs 763.10 crore from Tripura State Electricity Corporation Limited (TSECL) for the implementation of a smart grid project in Agartala.

Follow The PSUWatch Channel on WhatsApp

According to a regulatory filing, the joint venture, in which BRC holds a 74 percent stake and IRCON owns the remaining 26 percent, has been awarded the contract for the development of the Agartala Smart Grid Project (Package-A).

The scope of the project includes the design, engineering, manufacturing, supply, installation, testing and commissioning of underground high-tension (HT) and low-tension (LT) power cable networks. The project also encompasses the deployment of smart grid applications, including Supervisory Control and Data Acquisition (SCADA), Advanced Distribution Management System (ADMS), Outage Management System (OMS), GIS mapping and integration, and underground optical fibre communication infrastructure.

RVNL CMD Saleem Ahmad to hold additional charge as IRCON CMD from July 1

In addition, the contract covers integration with third-party IT applications and software systems such as billing, Enterprise Resource Planning (ERP), and Customer Information Systems (CIS). The project also includes the establishment of main and backup Smart Grid Control Centres with Distribution Network Automation (DNA), along with operation and maintenance services.

Follow PSU Watch on LinkedIN

The total contract value stands at Rs 763.10 crore, including Goods and Services Tax (GST). Of the total value, BRC’s share amounts to Rs 564.70 crore, while IRCON’s share is valued at approximately Rs 198.41 crore.

The project is scheduled to be executed within a period of 24 months.

(PSU Watch is India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy. 👉 Click to join our channel now: PSUWatch WhatsApp Channel. Prefer LinkedIn? Follow PSU Watch on LinkedIN. Click to stay connected on Twitter here and stay updated)