🟢 At a Glance:
IRCON International Ltd just landed a ₹1,068 crore contract from Indian Railways to build a mega rail bridge across the Ganga — and it’s not for Bullet Trains or Vande Bharat. It’s good ol’ Open Web Steel Girders. While the company keeps missing investor hype trains, this deal could finally lay the tracks (literally) for long-term earnings.
🏗️ What’s the Deal?
Client: East Central Railway (Indian Railways)
Contract: EPC (Engineering, Procurement & Construction)
Project: A new broad gauge (BG) rail bridge across the Ganga
Location: Between Bikramshila and Katareah stations
Bridge Specs:
- 2
- spans of 32.086m Open Web Steel Girders
- 33 spans of 122m Open Web Steel Girders
- Double line substructure + single line superstructure
Timeframe: 1,460 days (aka 4 years)
Total Value: ₹1,068.34 crore
Award Date: 31st May 2025, 12:07 AM (yes, midnight hustle)
📊 Why This Is Big for IRCON
| Metric | Status |
|---|---|
| Contract Type | EPC — full margin control |
| Project Duration | 4 years (predictable revenue flow) |
| Region | Eastern India – underpenetrated infra zone |
| Client | Indian Railways (low default risk) |
| Scale | ₹1,068 Cr – one of the largest recent orders |
This isn’t
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