Formerly | Indian Railway Construction Limited |
---|---|
Company type | Public |
BSE: 541956 NSE: IRCON | |
Industry | Railway infrastructure |
Founded | 27 April 1976 |
Headquarters | C-4 District Centre, , India [1] |
Areas served | Worldwide |
Key people | |
Services | Engineering, procurement and construction |
Revenue | ₹5,441.72 crore (US$650 million) (2020) [2] |
₹699.70 crore (US$84 million) (2020) [2] | |
₹489.78 crore (US$59 million) (2020) [2] | |
Total assets | ₹12,644.11 crore (US$1.5 billion) (2020) [2] |
Total equity | ₹4,161.13 crore (US$500 million) (2020) [2] |
Owner | Government of India |
Number of employees | 1260 (14 May 2024) |
Subsidiaries |
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Website | www |
Ircon International, or Indian Railway Construction International Limited (IRCON), is an Indian engineering & construction corporation, specialized in transport infrastructure. The public sector undertaking was established in 1976, by the Indian Railways under the Indian Companies Act 1956. IRCON was registered as the Indian Railway Construction International Limited, a wholly owned entity of the Indian Railway Board. Its primary charter was the construction of railway projects in India and abroad. Ircon has since diversified into other transport and infrastructure segments and with its expanded scope of operations around the world, the name was changed to Indian Railway International Ltd. in October 1995.
The Ircon is well known for undertaking challenging infrastructure projects, especially in difficult terrains in India and abroad. Ircon has completed over 1650 major infrastructure projects in India and over 900 major projects across the globe in more than 31 countries. [4]
The Ministry of Finance conferred ‘Navratna’ status on Ircon International in year 2023. [5]
The core competence of the company in order of priority are - Railways, Highways and EHT Substation Engineering and Construction. Ircon is a turnkey construction company that is specialized in railways (new railway lines, rehabilitation/conversion of existing lines, station buildings and facilities, bridges, tunnels, signalling and telecommunication, railway electrification, and wet leasing of locomotives), highways, EHV sub-station (engineering, procurement and construction) and metro rail.
The project is unique and challenging in the aspect that it passes through the difficult terrain, inaccessible areas and working in the region severely affected by militancy. The project posed the challenge by involving high bridges, viaducts and tunnels. Ircon was assigned the work by Ministry of Railways on the ground of its capability of executing the work in challenging and difficult areas. Ircon completed above project despite adverse climate and conditions. At a time of heavy snowfall and rainfall when there was no work going on in the valley Ircon engineers and staff were on the job completing the work in a tight time frame. World Famous Tunnel T48 & Sumber station is located in this project.
IRCON is also involved in construction of 42.5kms of Katra-Banihal stretch with track passing through India's most challenging geological terrain. Landslide, flashfloods, debris fallout, cavities, high mass failure is common in the region. Works include:- (I) Construction of Tunnel T14/15. (II) Tunnel T48 (10.2kms) - India's 3rd longest railway tunnel. (III) Tunnel T49 (12 Kms) - India's longest railway tunnel. (IV) Sumber station yard
BLT (Ballast less works) in the new system arrangement being used in this stretch
The scope of the project is the construction of Digha–Sonpur rail–road bridge, a steel superstructure and other ancillary works of rail cum road bridge across river Ganges at Patna. It is one of its own kind because of huge steel structured bridge amounting to over INR 1200 Crores. Digha–Sonpur rail–road bridge is the largest steel girder bridge [8] and is completed at the cost of ₹1,570 crore (US$190 million). [9] It has been operational since February 2016.
Ircon Infrastructure & Services Limited (IISL, a wholly owned subsidiary of Ircon International Limited) was incorporated under the Companies Act, 1956 on 30 September 2009. The company has obtained a Certificate of Commencement of Business on 10 November 2009 from the office of Registrar of Companies.
The main objects of the company as enshrined in its Memorandum and Articles of Association are to undertake infrastructure projects; to carry on any infrastructure construction work on Build-Operate-Transfer (BOT), Build-Own-Operate-Transfer (BOOT), Build-Lease-Transfer (BLT), etc. or otherwise or any other scheme or project found suitable in and related to the field of infrastructure projects and other ancillary fields; planning, designing, development, improvement, commissioning, operation, maintenance, etc. in the field of construction of infrastructure of Multi Functional Complexes (MFCs), etc. to provide facilities and amenities to users of Indian Railway System. News:; and all matters in the field of real estate and allied areas to make use of the opportunities that may arise. This includes providing project management, quality management, safety, health and environment related consultancy services to clients. Following are its main clients:
Ircon PB Tollway Limited (IPBTL, a wholly owned subsidiary of Ircon International Limited) was incorporated under the Companies Act, 2013 in September 2014. The company has obtained a Certificate of Commencement of Business in October 2014 from the office of Registrar of Companies.
The main objects of the company as enshrined in its Memorandum and Articles of Association are to undertake Build-Operate-Transfer (BOT), is to construct a road infrastructure between Phulodi and Bikaner in the state of Rajasthan in India for National Highway Authority of India.
Ircon Shivpuri Guna Tollway Limited (ISGTL, a wholly owned subsidiary of Ircon International Limited) was incorporated under the Companies Act, 2013 in May 2015.
The main objects of the company as enshrined in its Memorandum and Articles of Association are to undertake Build-Operate-Transfer (BOT), is to construct a road infrastructure between Shivpuri and Guna in the state of Madhya Pradesh in India for National Highway Authority of India.
The Trans-Asian Railway(TAR) is a project to create an integrated freight railway network across Europe and Asia. The project is of the United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP).
Zahedan is a city in the Central District of Zahedan County, Sistan and Baluchestan province, Iran and serves as capital of the province, the county, and the district. It is near the Iran-Pakistan border.
Chābahār ; is a city in the Central District of Chabahar County, Sistan and Baluchestan province, Iran, serving as capital of both the county and the district. It is a free port situated on the coast of the Gulf of Oman, and is Iran's southernmost city. The sister port city of Gwadar in Balochistan, Pakistan, is located about 170 kilometres (110 mi) to the east of Chabahar.
Engineers India Limited (EIL) is an Indian public sector industrial technology, engineering consultancy and technology licensing company. It was set up in 1965 with the mandate of providing indigenous technology solutions across hydrocarbon projects. Over the years, it has also diversified into synergic sectors like non-ferrous metallurgy, infrastructure, water and wastewater management and fertilizers.
The Gwadar Port is situated on the Arabian Sea at Gwadar in Balochistan province of Pakistan and is under the administrative control of the Maritime Secretary of Pakistan and operational control of the China Overseas Port Holding Company. The port features prominently in the China–Pakistan Economic Corridor (CPEC) and is considered to be a link between the Belt and Road Initiative and the Maritime Silk Road projects. It is about 120 kilometres (75 mi) southwest of Turbat, and 170 kilometres (110 mi) to the east of Chabahar Port.
The Islamic Republic of Iran Railways is the national state-owned railway system of Iran. The Raja Passenger Train Company is an associate of the IR, and manages its passenger trains. The Railway Transportation Company is an associate of the IR, which manages its freight transport. The Ministry of Roads & Urban Development is the state agency that oversees the IRIR. Some 33 million tonnes of goods and 29 million passengers are transported annually by the rail transportation network, accounting for 9 percent and 11 percent of all transportation in Iran, respectively (2011).
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The Ministry of Development of North Eastern Region is a Government of India ministry, established in September 2001, which functions as the nodal Department of the Central Government to deal with matters related to the socio-economic development of the eight States of Northeast India: Arunachal Pradesh, Assam, Manipur, Meghalaya, Mizoram, Nagaland, Tripura and Sikkim. It acts as a facilitator between the Central Ministries/ Departments and the State Governments of the North Eastern Region in the economic development including removal of infrastructural bottlenecks, provision of basic minimum services, creating an environment for private investment and to remove impediments to lasting peace and security in the North Eastern Region.
Afghanistan has three railway lines in the north of the country. The first is between Mazar-i-Sharif and the border town of Hairatan in Balkh province, which then connects with Uzbek Railways of Uzbekistan. The second links Torghundi in Herat province with Turkmen Railways of Turkmenistan. The third is between Turkmenistan and Aqina in Faryab province of Afghanistan, which extends south to the city of Andkhoy. The country currently lacks a passenger rail service, but a new rail link from Herat to Khaf in Iran for both cargo and passengers was recently completed. Passenger service is also proposed in Hairatan – Mazar-i-Sharif section and Mazar-i-Sharif – Aqina section.
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Rail Vikas Nigam Limited (RVNL) is an Indian central public sector enterprise (PSU) which works as the construction arm of the Ministry of Railways for project implementation and transportation infrastructure development. It was incorporated in 2003 to meet the country's surging infrastructural requirements and to implement projects on a fast-track basis as well as for creating a Railway equipment construction company. RVNL is a Navratna PSU in India under the administrative control of the Ministry of Railways, Government of India.
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