South Western Railway Awards Rs. 253 Crore KAVACH Safety Upgrade for Bengaluru–Mysuru Divisions

Ircon International Secures Major KAVACH Project from South Western Railway

New Delhi, India – Ircon International Limited (IRCON), a Navratna company under the Government of India, announced today that it has received a significant Letter of Acceptance (LOA) from South Western Railway, Indian Railway. The project involves the survey, design, supply, installation, testing, and commissioning of KAVACH equipment and associated works across 778 RKM of the Bengaluru and Mysuru Divisions of South Western Railway.

The domestic contract, valued at Rs. 2,53,56,11,803.41 (Rupees Two Hundred and Fifty-Three Crore Fifty-Six Lakh Eleven Thousand Eight Hundred and Three Rupees and Forty-One Paise Only), is a works contract to be executed within 18 months from the date of the LOA.

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This project underscores IRCON’s continued role in modernizing India’s railway infrastructure, particularly in enhancing safety through the implementation of the indigsz3Zenous KAVACH system. IRCON confirmed that neither the promoter nor the promoter group/group companies have any interest in South Western Railway, and the order does not fall under related party transactions.

The official disclosure was made public on May 20.

Ircon International Share Price Today

IRCON International shares on the National Stock Exchange (NSE), closed today at ₹188.29, reflecting a decrease of 4.59% for the day. The bid price is also ₹188.29 with a bid quantity of 12,485 shares. The day’s trading range for IRCON has been between a low of ₹187.33 and a high of ₹200.50. The stock opened at ₹198.45, compared to its previous closing price of ₹197.35.
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