Mumbai, June 23 -- The contract involves the design, engineering, supply, installation, testing and commissioning of an underground power cable network, smart grid applications, SCADA, Advanced Distribution Management System (ADMS), Outage Management System (OMS), GIS mapping, optical fiber cable (OFC) communication system, and establishment of smart grid control centers under the Agartala Smart Grid project (Package-A) in Tripura. The project is scheduled to be executed within 24 months.

The total contract value stands at Rs 763.10 crore, including GST. Under the joint venture arrangement, Badri Rai & Company, the lead partner, holds a 74% share amounting to Rs 564.70 crore, while IRCON's 26% share is valued at Rs 198.41 crore.

Ircon I...