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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 Railways. 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.
 | |
| Formerly | Indian Railway Construction Limited |
|---|---|
| Company type | Public |
| BSE: 541956 NSE: IRCON | |
| Industry | Railway infrastructure |
| Founded | 27 April 1976; 48 years ago (1976-04-27) |
| 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 |
|
| Website | www |
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:[1]; 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 (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 (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: