The order involves the implementation of integrated tunnel communication, along with railway general telecommunication arrangements, for the Sivok-Rangpo New BG Rail Line project under the Northeast Frontier Railway (NF Railway).
The order is valued at Rs 1,62,58,96,785 and is expected to be completed by 28 March 2026.
RailTel Corporation of India, a 'Navratna' central public sector enterprise, is one of the largest neutral telecom infrastructure providers in the country, owning a Pan-India optic fiber network covering several towns & cities and rural areas of the country.
IRCON International is a Navratna, public-sector enterprise and a leading turnkey construction company in the public sector. Its core competence lies in railways and highways. IRCON has widespread operations in several states in India and other countries (Malaysia, Nepal, Bangladesh, South Africa, Algeria, Myanmar, and Sri Lanka).
Shares of RailTel Corporation declined 1.70% to end at Rs 302.70, while shares of Ircon International fell 2.16% to end at Rs 156.30 on Friday, 28 March 2025.
The stock exchanges will remain closed on Monday, 31 March 2025, on the occasion of Eid.