SEPC Limited Secures Dual Contracts with SAIL for ₹673 Crore Expansion Project at IISCO Burnpur
SEPC Limited has successfully secured two major contracts from Steel Authority of India Limited (SAIL) concerning the 4.08 MTPA Crude Steel Expansion Project at its IISCO Steel Plant in Burnpur. The total value of the orders, which relate to crucial Balance of Plant works, amounts to ₹673.32 Crores.The company received Letters of Acceptance for these projects on June 11, 2026. The contracts cover both the Coke Oven BOP (excluding Civil & Structural) and the Sinter Plant BOP (including Civil & Structural).
Project Details Overview
SEPC Limited's engagement covers two distinct packages necessary for the expansion project:
| Project Package | Contract Value (Net of Input Tax Credit) | Timeline |
|---|---|---|
| Coke Oven BOP excluding Civil & Structural works | ₹296,77,12,664/- | 30 months from the effective date of contract |
| Sinter Plant BOP including Civil & Structural works | ₹376,55,75,841/- | 33 months from the effective date of contract |
The Coke Oven Balance of Plant (BOP) package is valued at ₹296,77,12,664/- and was awarded via a Letter of Acceptance dated June 11, 2026. This project involves the execution of the Coke Oven BOP excluding Civil & Structural works for the 4.08 Mtpa CS Expansion of SAIL-ISP Burnpur.
The Sinter Plant Balance of Plant (BOP) package, which includes Civil and Structural works, carries a consideration of ₹376,55,75,841/-. This contract is also associated with the 4.08 Mtpa CS Expansion of SAIL-ISP Burnpur and will be executed over 33 months from the effective date of the contract.
These contracts represent significant work for SEPC Limited in supporting the operational expansion of Steel Authority of India Limited's IISCO Steel Plant in Burnpur.
SEPC Stock Price Movement
Today, shares of SEPC Limited surged as they closed at ₹6.91, registering a significant gain of 12.30%. The rally was underpinned by robust trading activity, with the stock trading through intense volume amounting to 36.83 million shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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