Signal Desk · Markets

Alcon Builders named L1 bidder for ₹149.49 crore railway job

2026-10-03 · 1 source · CNBC TV18 Market

In short

Alcon Builders, part of GPT Infra, was named the lowest bidder for a ₹149.49 crore Western Railway project. The work covers 18 stations and includes electronic interlocking, MSDAC, and signalling and telecom equipment.

This matters because it could add business for the company if the order is finalized. The report does not say when the project starts or whether the contract is fully awarded.

What the reporting says

Alcon Builders, a GPT Infra arm, was declared the L1 bidder for a ₹149.49 crore Western Railway project. The available reporting says the order involves replacing existing PI stations with electronic interlocking, MSDAC, and signalling and telecom equipment at 18 stations. The sources do not say whether the contract has been formally awarded yet or when the work will begin.

Why it matters

The report says GPT Infra’s arm Alcon Builders was declared the L1 bidder for a ₹149.49 crore Western Railway project. The work involves replacing existing PI stations with electronic interlocking, MSDAC, and signalling and telecom equipment at 18 stations. Being L1 means the lowest bidder, but the source does not confirm final award timing or execution details.

Touches: GPT Infra, Alcon Builders, Companies, Government, Markets

Sources