StockWatch
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Civil Construction
Deals9 Oct 2026, 01:03 pm

SEPC Ltd Signs ₹854.57 Cr Contract with SAIL-IISCO

AI Summary

SEPC Limited has announced the signing of a Contract Agreement with Steel Authority of India Limited (SAIL) for the Pellet Plant BOP including Civil & Structural works at SAIL-IISCO Steel Plant, Burnpur. The contract is valued at ₹854.57 Crore (net value after Input Tax Credit of ₹97.04 Crore from a total Contract Price of ₹951.60 Crore). The project is to be commissioned within 32 months from the effective date of September 3, 2026. This contract brings SEPC's consolidated order book to over ₹10,000 Crore, which is more than nine times its FY26 Total Income of ₹1,085.8 Crore, providing significant multi-year revenue visibility.

Key Highlights

  • SEPC secures ₹854.57 Crore contract from SAIL-IISCO Steel Plant.
  • Project to be commissioned within 32 months from September 3, 2026.
  • Consolidated order book surpasses ₹10,000 Crore.
  • Significant multi-year revenue visibility for SEPC.