By BasisPoint Insight
April 25, 2025 at 5:39 PM IST
Ircon International Ltd on Thursday said the Northeast Frontier Railway has increased the contract value of a project in Manipur by nearly 39% to ₹2 billion from ₹1.44 billion. The contract was initially awarded to Ircon in 2023, the company said in a stock exchange filing.
The project involves the supply, installation, testing, and commissioning of an integrated tunnel communications system and an optic fibre cable-based industrial-grade network along the Jiribam-Khongsang section of the Jiribam-Imphal new railway project. Ircon is expected to complete the work by 30 June 2025.