SEPC Ltd Secures ₹230 Crore Mining Infrastructure Order from MOIL
Filing Summary
SEPC Limited has secured a ₹230 crore turnkey mining infrastructure order from MOIL Limited. The project involves the design, construction, and commissioning of a vertical shaft at the Chikla Mine in Maharashtra. The order was awarded through a global tender, with SEPC emerging as the lowest bidder. The contract includes ₹167.85 crore for domestic work and USD 36.52 lakh for imported machinery. This development highlights SEPC’s capabilities in executing complex infrastructure projects. The project aligns with SEPC’s focus on core infrastructure sectors and efficient capital utilization.
SEPC Limited has announced the receipt of a ₹230 crore turnkey mining infrastructure order from MOIL Limited. The order involves the design, construction, and commissioning of a third vertical shaft at the Chikla Mine located in Maharashtra. This project was awarded through a global tender process, with SEPC emerging as the lowest bidder.
The total order value is ₹230 crore, comprising ₹167.85 crore for domestic scope and USD 36.52 lakh for imported plant and machinery. The financial terms reflect the comprehensive nature of the project, which includes engineering, civil works, and equipment installation. The contract structure is designed to support efficient capital utilization and contribute to a predictable revenue pipeline for SEPC.
The scope of work for this project includes complete turnkey execution. This encompasses engineering, civil works, furnishing, and installation of equipment. The project is focused on enhancing mining infrastructure and operational efficiency at the Chikla Mine. SEPC’s role involves managing the entire process from design to commissioning, ensuring that all technical specifications are met.
The order from MOIL Limited underscores SEPC’s presence in the mining infrastructure segment. It reflects the company’s ability to secure high-value projects with long execution cycles. SEPC continues to focus on selective growth in core infrastructure sectors, backed by defined scope and execution visibility. This project is part of SEPC’s strategy to reinforce its capabilities in delivering complex infrastructure solutions.
The timeline for the project’s implementation has not been explicitly stated in the filing. However, SEPC’s involvement will cover all phases from design to commissioning. The project is expected to be executed in accordance with the terms outlined in the contract with MOIL Limited.
MOIL Limited is a Government of India undertaking involved in the mining sector. The company focuses on the production and sale of manganese ore, which is a critical component in steel manufacturing. MOIL’s strategic initiatives include enhancing mining infrastructure and operational efficiency to meet growing industry demands.
SEPC Limited, formerly known as Shriram EPC Limited, is a well-established engineering, procurement, and construction company. It offers turnkey solutions across sectors such as Water & Wastewater, Roads, Industrial Infrastructure, and Mining. SEPC specializes in the design, procurement, construction, and commissioning of large and complex infrastructure projects across India. The company serves a wide range of clients, including Central and State Government agencies, and plays a key role in India’s infrastructure development.