IRCON JV bags ₹168.4 cr MSETCL 220 kV line project
IRCON International Ltd, in a Joint Venture (JV) with Finolex J-Power Systems Ltd, secured a turnkey contract from MSETCL worth ₹168.4 crore on Friday. The project involves constructing 220 kV D/C line from Koradi-II to Mankapur Substation in Nagpur Zone. IRCON holds 51% stake and Finolex holds 49%. The contract is to be executed in 18 months, excluding monsoon season.