Ircon International Ltd. (IRCON) has secured an order on competitive bidding basis valuing $ 14.89 million in Sri Lanka.
“IRCON has awarded the work for procurement of Design, Installation, Testing, Commissioning and Certifying of Signaling and Telecommunication system from Maho Junction (including) to Anuradhapura (excluding) by Sri Lanka Railways.
Ministry of Transport, Sri Lanka will implement the project under Indian Line of Credit at a total price of $ 14.89 million equivalent to approx. INR 122 Crore,” the company said in a press release.
IRCON has secured the work on competitive bidding basis and the contract period will be 24 months from the date of signing of the Contract Agreement.
It is a Miniratna (Category-I) Schedule -A, Public Sector Enterprises. A Government company, IRCON was incorporated by the Central Government (Ministry of Railways). It is the leading turnkey construction company in the public sector.
The company has widespread operations in several states in India and countries across the globe. They have specialized constructions organisation covering the entire spectrum of construction activities and services in the infrastructure sector.
The company has executed projects operated in the areas of Railway construction including ballast less track, electrification, tunneling, signal and telecommunication as well as leasing of locos, construction of roads, highways, commercial, industrial and residential buildings and complexes, airport runway and hangars, metro and mass rapid transit system, etc.
India’s IRCON International Limited and the Sri Lankan government have inked a $91.26 million agreement in 2019 for upgrading the around 130 km-long Maho-Omanthai rail line which is over 100 years old.
Once the upgradation is completed, Jaffna bound trains will be able to travel at 120 kmph, providing safe, efficient and comfortable transportation for the passengers in the Northern Province.
The railway line is being upgraded under Indian concessional financing. This is the first time the track is being upgraded in 100 years.
The upgradation will include modification of 12 crossing stations, seven halt stations and 78 level crossings.
At present, trains are running with speed restrictions of 40 kmph on this section. The travel time too between Maho and Omanthai is about three hours with a maximum sanctioned speed of 60 kmph.
A new crossing station will be constructed between Medawachchiya to Vavuniya, and 218 culverts and 90 bridges will be repaired or reconstructed as required. “
The upgradation would help double the speed potential of the railway track from the current 60 km to 120 km per hour, as well as reduce the maintenance costs.
