Ircon International Limited has informed the Exchange about Bagging/Receiving of orders/contracts
IRCON · price
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Ircon International has received a Letter of Award from Meghalaya Infrastructure Development & Finance Corporation Limited for the construction of Eklavya Model Residential Schools at eight locations in Meghalaya on an EPC (Engineering, Procurement and Construction) basis under Package-II. The contract is valued at approximately Rs 510.47 crore and is to be executed over 36 months. The order is domestic, with no related party interest involved. The event was disclosed on 21st August 2025.
This is a significant domestic government order for Ircon, adding to its order book and providing revenue visibility over the next 3 years. Eklavya Model Residential Schools are tribal welfare projects under the central government, making this a relatively low-risk PSU-backed order. The contract is likely material relative to the company's annual revenue and reinforces Ircon's role in executing government infrastructure projects.