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📋 Filing Types Available on ForgeUp Filings Sourced from BSE corporate announcements (equity segment). Companies covered are BSE-listed and most are also listed on NSE. We show only material filings.
Financial Results Orders Dividend Buyback Merger / Acquisition Board Meeting Outcome Fundraise (QIP / Rights / FPO) Regulatory / Court Order Credit Rating Change Promoter Pledge Update Management Change Joint Venture / MOU Delisting Bonus Shares Stock Split
Data sourced from BSE India corporate announcements. More categories will be added over time.
IRCON International Ltd

IRCON Intl Ltd Receives Rs. 2,673.86 Million LOA from TSECL

ORDERS ▲ Positive Development MEDIUM RISK
📅 Filed on BSE: 23 Jun 2026, 02:49 PM IST  ·  BSE ID: 5a30fd20-5456-4186-abcb-ad757d9f06c8
View Original BSE Filing (PDF)
💡
In Simple Terms
IRCON International Ltd won a contract worth Rs. 2,673.86 million to build smart power grid infrastructure in Agartala.
🤖 AI Summary
  • IRCON International Ltd awarded Rs. 2,673.86 million works contract by TSECL.
  • Contract scope includes underground power cables, smart grid, and SCADA systems.
  • IRCON is part of a joint venture with M/s Badri Rai & Company (26:74 ratio).
  • The award is for Package-A of the Agartala Smart Grid project in Tripura.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Contract Value
Rs. 2,673.86 million
🏢 How This Affects the Company
📈
Business Impact
This order win enhances IRCON's project pipeline in the power infrastructure segment. It supports their diversification strategy into smart grid technologies and underground cabling solutions.
💰
Financial Impact
The contract value of Rs. 2,673.86 million will contribute to IRCON's future revenue and order book position upon execution.
⚙️
Operational Impact
Execution will require mobilization of resources, project management teams, and specialized technical personnel for design, erection, and commissioning.
⚠️
Risk Impact
Project execution risks, including timely completion and adherence to specifications, are inherent in such large infrastructure contracts.
👥 What This Means For Shareholders
✅
Action Required
No immediate action is required from shareholders. Shareholders should monitor project execution progress.
👤
Who Is Affected
All shareholders are affected by the company's order book growth and potential future revenue streams from this contract.
🔍
Management Signal
This signals management's focus on securing large infrastructure projects and expanding capabilities in the smart grid sector.

For information only. Not investment advice. ForgeUp is not SEBI-registered.

👁 Watch List — track these upcoming events
Confirmation of definitive agreement signing with TSECL.
Project commencement date and key milestones.
Subsequent financial results reflecting order book utilization.
MEDIUM RISK Project execution risks and dependence on joint venture partner performance.
💡 Investor Takeaway
IRCON International Ltd received a Letter of Award worth Rs. 2,673.86 million from Tripura State Electricity Corporation Limited for an Agartala smart grid project.
⚖️ Strengths & Concerns

✅ Positives

  • Secured a substantial works contract valued at Rs. 2,673.86 million from a state electricity corporation.
  • Awarded for comprehensive scope including design, supply, erection, testing, and commissioning of smart grid infrastructure.
❓ Frequently Asked Questions
What is the value of the contract IRCON International Ltd received from Tripura State Electricity Corporation Limited?
IRCON International Ltd received a Letter of Award (LOA) with a contract value of Rs. 2,673.86 million.
What is the scope of the contract awarded to IRCON International Ltd by TSECL?
The contract involves Design, Engineering, Supply, Erection, Testing, and Commissioning of Under Ground Power Cable Network and Smart Grid Applications including SCADA.
What is the JV ratio for the contract awarded to IRCON International Ltd?
IRCON International Ltd is in a Joint Venture with M/s Badri Rai & Company in a ratio of 26:74 respectively, with IRCON as the Lead Partner/JV Partner-1.
Which project is this contract for IRCON International Ltd?
The contract is for Package-A of the Agartala Smart Grid project in Agartala Municipality Area, Tripura.

Questions based on this BSE filing only. For information purposes.

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⚠️ For Information Only — Not Investment Advice
ForgeUp Filings provides AI-generated summaries of public BSE exchange announcements (equity segment) for informational purposes only. Nothing here constitutes investment advice or a recommendation to buy, sell, or hold any security. ForgeUp is not a SEBI-registered investment advisor. All financial numbers are sourced directly from BSE filings and shown as-is. Past data is historical only. Please consult a qualified financial advisor before making investment decisions. Data sourced from BSE India public disclosures.
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