SEPC Secures ₹673 Crore Project from SAIL for Steel Plant Expansion in Burnpur
Chennai: SEPC Limited, an established EPC company specializing in industrial infrastructure, process plants, and water and wastewater management, has secured a major order worth ₹673.32 Crore from Steel Authority of India Limited (SAIL). The contract is for the 4.08 MTPA Crude Steel Expansion Project at IISCO Steel Plant (ISP) in Burnpur.The deal marks a significant milestone for SEPC, reinforcing its expanding footprint within the industrial EPC segment and strengthening its position in large-scale steel and heavy industrial infrastructure projects.
Scope of Work Details
The total contract value stands at ₹673.32 Crore (net of taxes). The project execution period is set for 30 to 33 months. The scope of work encompasses two primary packages under the SAIL expansion project:| Package Name | Value |
|---|---|
| Sinter Plant BOP Package - SP-2 (including Civil & Structural Works) | ₹376.56 Crore |
| Coke Oven BOP (Balance of Plant) Package - COB-3 (excluding Civil & Structural Works) | ₹296.77 Crore |
This prestigious order from one of India's largest integrated steel producers underscores SEPC’s capabilities in delivering complex industrial projects and capitalizes on the growing investment trends within the nation's steel sector modernization.
Company Outlook and Capabilities
Mr. Venkataramani Jaiganesh, Managing Director at SEPC Limited, noted that the order from SAIL’s IISCO Steel Plant highlights the confidence placed by leading public sector enterprises in SEPC's engineering expertise and project execution capabilities. He stated that the project aligns well with the company's strategy to expand its presence in large industrial and process infrastructure projects.SEPC Limited is a turnkey solutions provider serving various sectors, including Water & Wastewater, Roads, Industrial Infrastructure, and Mining. The company specializes in the design, procurement, construction, and commissioning of complex infrastructure across India.
Financial Performance Highlights
The company has maintained strong performance metrics, demonstrating capability in its core business areas:| Metric | FY26 Figures | FY25 Figures |
|---|---|---|
| Total Income | ₹1,085.8 Cr | ₹646.0 Cr |
| EBITDA | ₹108.9 Cr | N/A |
| Net Profit | ₹53.5 Cr | N/A |
The financial data shows that SEPC's Net Profit in FY26 more than doubled compared to the previous year.
SEPC Stock Price Movement
As of 9:23 AM, shares of SEPC Limited are rallying strongly in live trading, pushing the stock price up by 11.29% to ₹7.69. The momentum is supported by robust interest, with over 12.29 million shares traded so far in the session.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.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.