Key Highlights
- SEPC Limited has secured a ₹230 crore turnkey mining infrastructure order from MOIL Limited.
- The project involves design, construction and commissioning of a third vertical shaft at Chikla Mine in Maharashtra.
- The order was awarded through a global tender process with SEPC emerging as the lowest bidder.
- The contract includes ₹167.85 crore for domestic scope and USD 36.52 lakh for imported plant and machinery.
SEPC Limited has received a major mining infrastructure contract worth ₹230 crore from MOIL Limited, reinforcing its presence in the mining and industrial infrastructure segment. The company has been issued a Letter of Acceptance for the turnkey execution of a third vertical shaft at the Chikla Mine located in Maharashtra.
The order has been awarded through a global competitive bidding process, with SEPC Limited emerging as the lowest bidder. The total contract value comprises ₹167.85 crore for the domestic scope of work along with USD 36.52 lakh allocated towards imported plant and machinery.
Under the contract, SEPC will undertake end to end execution, including engineering, civil construction, furnishing, and installation of equipment. The project is aimed at strengthening mining infrastructure and improving operational efficiency at the Chikla Mine, which is operated by MOIL, a Government of India undertaking.
From a business perspective, the order enhances SEPC’s order book in the mining infrastructure segment and highlights its capability to execute complex and high value EPC projects. The long execution cycle and defined scope of work are expected to support stable revenue visibility and efficient capital deployment.
SEPC continues to focus on selective growth across core infrastructure sectors such as mining, industrial facilities, water, and transportation. The latest order further reflects the company’s strategy of securing projects with clear execution timelines and strong counterparties in the public sector space.