SEPC, a leading Indian EPC company with expertise across water, municipal services, roads, industrial, and mining infrastructure, has bagged Rs 230 crore turnkey order from MOIL.
The order involves the design, construction, and commissioning of a third vertical shaft at the Chikla Mine in Maharashtra, and includes Rs 167.85 crore for domestic scope and USD 36.52 lakh for imported plant and machinery, with SEPC emerging as the lowest bidder. The scope of work involves comprehensive execution, covering engineering, civil works, equipment installation, and furnishing, aiming to strengthen mining infrastructure and operational efficiency at the Chikla Mine. This contract reinforces SEPC’s presence in the mining infrastructure sector and highlights its ability to deliver complex, high-value projects with long execution cycles.
The project structure supports efficient capital utilisation and contributes to a predictable revenue stream, aligning with SEPC’s strategic focus on selective growth in core infrastructure sectors with clear execution visibility.