SEPC Secures Rs. 270 Crore Subcontract for Railway Project
Filing Summary
SEPC Limited has secured a subcontract worth Rs. 270 crore for the Ajmer-Chanderiya Railway Doubling Project. The project is part of the North Western Railway’s capacity enhancement initiatives. SEPC will execute the project under the VPRPL-SBEL Joint Venture, focusing on comprehensive formation and civil works. The scope includes earthwork, bridge construction, and station building. This contract strengthens SEPC’s presence in the railway EPC sector. The project aligns with Indian Railways’ efforts to improve operational efficiency and connectivity.
SEPC Limited has announced the acquisition of a subcontract valued at Rs. 269.69 crore for the Ajmer-Chanderiya Railway Doubling Project. This project is part of the Ajmer Division under the North Western Railway. The contract was awarded to the VPRPL-SBEL Joint Venture, with SEPC responsible for executing the project works. The announcement was made in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The financial terms of the subcontract involve a total value of Rs. 269,68,59,518. The project is a significant addition to SEPC’s order book in the transportation infrastructure sector. The contract was secured from M/s. Vishnu Prakash R Punglia Limited, indicating a strategic collaboration for the execution of this railway infrastructure project. The financial commitment reflects SEPC’s role in enhancing its portfolio within the railway EPC segment.
The scope of work for the Ajmer-Chanderiya Railway Doubling Project includes comprehensive formation and civil works. SEPC will undertake earthwork in embankment filling, cutting, and blanketing. The construction of important, major, and minor bridges is also part of the project. Additional tasks include the construction of road under bridges, limited height subways, foot over bridges, and trolley refuges. The project also involves the construction of station buildings, platform works, and staff quarters. Permanent way works, including the supply of ballast and laying of broad-gauge track, are included in the deliverables.
The project is part of Indian Railways’ initiatives to augment capacity and improve operational efficiency on key routes. The Ajmer-Chanderiya Doubling Project aims to enhance connectivity and streamline railway operations in the region. This project is aligned with broader efforts to support infrastructure development across India, contributing to improved transportation networks.
The project will be executed under the supervision of the VPRPL-SBEL Joint Venture. SEPC will work in accordance with the Letter of Award issued by North Western Railway. The timeline for the project’s completion and specific milestones have not been disclosed in the filing. However, the project is expected to progress under the joint venture’s control and supervision.
SEPC Limited is a prominent Engineering, Procurement, and Construction (EPC) company with a diversified presence across sectors such as Water & Municipal Services, Roads, Industrial Infrastructure, and Mining. The company specializes in the design, procurement, construction, and commissioning of large infrastructure projects. SEPC continues to play a key role in India’s infrastructure development, serving a wide range of clients, including Central and State Government agencies.