Ircon International Limited bags order worth 14.89 million dollars in Sri Lanka

Ircon International Limited has bagged an order in Sri Lanka worth 14.89 million dollars on competitive bidding basis.

The Miniratna Public sector enterprise was awarded the work for procurement of Design, Installation, Testing, Commissioning and Certifying of Signalling and Telecommunication system by Sri Lanka Railways.

The project will be carried out under Indian Line of Credit equivalent to approximately122 Crore Rupees or 14.89 million dollars.

The contract period will be of 24 months from the date of signing of the Agreement. IRCON had previously completed 2 other major railway development projects in the island nation.