Deals12 Mar 2025, 03:22 pm
SEPC Ltd Signs Framework Agreement with ROSHN Group Company for Infrastructure Works in KSA Worth INR 2200 Crores
AI Summary
SEPC Ltd has executed a Framework Agreement with M/s ROSHN Group Company, Riyadh, Kingdom of Saudi Arabia (KSA) to carry out infrastructure works in KSA. SEPC has bid for infrastructure works in 3 zones of Jeddah North, Phase 1A for about SAR 893 million which is approximately INR 2200 crores. As per the agreement, orders (Called — Call-off Orders) can be expected for a minimum of one zone, out of the three Zones.
Key Highlights
- SEPC Ltd signs Framework Agreement with ROSHN Group Company for infrastructure works in KSA
- The total worth of the bid for infrastructure works in 3 zones is approximately INR 2200 crores
- ROSHN Group Company is based in Riyadh, Kingdom of Saudi Arabia
- Orders (Called — Call-off Orders) can be expected for a minimum of one zone out of the three Zones
- SEPC Ltd is bidding for infrastructure works in Jeddah North, Phase 1A