IRCON Bags Two Top Infrastructure Awards for Exemplary Performance
OREANDA-NEWS. IRCON International Limited, a Public Sector Undertaking in construction sector under the Ministry of Railways, was selected as the Top Infrastructure Company under the category Construction Infrastructure Development – Mid at the “Dun and Bradstreet Infra Awards 2013” for delivering exemplary performance by Dun & Bradstreet (D&B), the world’s leading provider of global business information, knowledge and insight, announced and presented the third edition of Infra awards. Shri Mohan Tiwari, Chairman and Managing Director, IRCON, received the award at a grand ceremony held at the ITC Maratha Mumbai on 29thOctober, 2013. Dun & Bradstreet also released the sixth edition of its premier publication “India’s Leading Infrastructure Companies 2013” at the award ceremony.
During the last five years, IRCON has achieved spectacular and enviable growth. Turnover of the Company has increased at a CAGR of about 17 per cent. Profit (PBT) of the company has reached to a record level of Rs 1014 crore in 2012-13 with a CAGR of 44.61 per cent. Growth of the company in terms of Profit is unmatched by any Public Sector or Private construction company.
In addition, Quazigund–Banihal section of J&K Rail link project executed by Ircon International Limited was selected as the best project under the category Railways at the “Dun and Bradstreet Infra Awards 2013”. Award was given at a grand ceremony held at the ITC Maratha Mumbai on 29th October. IRCON completed the Banihal- Quazigund section of 18 km length involving 11.2 km long transportation tunnel with modern Ventilation & SCADA system, thus fulfilling the dream of connecting Jammu area to Valley across Pir Panjal range with all-weather transportation system.
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