Ircon International

Ircon International Limited
इरकॉन इंटरनेशनल लिमिटेड
Public-sector undertaking
Industry Engineering, procurement and construction
Founded 1976
Headquarters New Delhi, India
Area served
 Worldwide
Key people
 Mohan Tiwari, Chairman & Managing Director
Services Infrastructure
INR 40.66 Billion (2014)[1]
INR 12.49 Billion (2014)
Number of employees
 1600 (2014)[1]
Subsidiaries Ircon Infrastructure & Services Limited, Indian Railway Stations Development Corporation Limited, Ircon Shivpuri Guna Tollway Limited and Ircon PB Tollway Limited
Website www.ircon.org

Ircon International Limited {इरकॉन इंटरनेशनल लिमिटेड}(IRCON) is an engineering and construction company, specialized in transport infrastructure. The company was established in 1976, by the Government of India under the The Companies Act, 1956. IRCON was registered as the Indian Railway Construction Company Limited, a wholly owned entity of the Ministry of Railways. Its primary charter was the construction of railway projects in India and abroad. The company has since diversified into other transport and infrastructure segments and with its expanded scope of operations around the world, the name was changed to Ircon International Limited in October 1995.

The company is well known for undertaking challenging infrastructure projects, especially in difficult terrains in India and abroad. Ircon has completed over 300 major infrastructure projects in India and over 100 major projects across the globe in more than 21 countries.[2]

Area of business

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 tele-communication, railway electrification, and wet leasing of locomotives), highways, EHV sub-station (engineering, procurement and construction) and metro rail.

Major projects

Malaysia

J&K, India

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 snow fall and rain fall 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.

Bihar, India

The scope of the project is construction of 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. This is going to be the first largest steel girder bridge.

Milestones achieved

Countries of operation

  • Afghanistan
  • Algeria
  • Bangladesh
  • Bhutan
  • Ethiopia
  • Indonesia
  • Iran
  • Iraq
  • Malaysia
  • Mozambique
  • Nepal
  • South Africa
  • Sri Lanka
  • Turkey

Awards and accolades

Ircon has been a consistent winner of the Highest Foreign Exchange Earner Award in the construction sector. From Engineering Export Promotion Council, the company has won 18 Awards of Excellence, including the All India Trophy for the Top Exporters in the category of Merchant Exporters in recognition of the outstanding contribution to Engineering Exports. From Project Exports Promotion Council of India, Ircon has won 42 Awards of Excellence, including, the Award for Maximum Foreign Exchange Earned and Repatriated to India from Overseas Service Contracts. Some of the awards are listed below:

Customers

Subsidiaries

Ircon Infrastructure & Services Limited

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:

Key person:

Ircon PB Tollway Limited

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.

Key person:

Ircon Shivpuri Guna Tollway Limited

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.

Key person:

Indian Railway Stations Development Corporation (IRSDC)

IRCON is a 51% equity stakeholder in IRSDC.

Related news

References

  1. 1 2 "Annual Report, 2013-2014" (PDF). Ircon International. Retrieved 2011-08-12.
  2. ↑ "About Us". Ircon International. Retrieved 2011-08-12.

See also

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