SEPC Secures ₹230 Crore Mining Infrastructure Order from MOIL Limited

SEPC Limited has announced that it has received a Letter of Acceptance (LOA) from MOIL Limited, a Government of India undertaking, for the design, construction, and commissioning of a 3rd Vertical Sha...

SEPC Limited has announced that it has received a Letter of Acceptance (LOA) from MOIL Limited, a Government of India undertaking, for the design, construction, and commissioning of a 3rd Vertical Shaft at the Chikla Mine in Maharashtra. The project, awarded through a global tender process where SEPC emerged as the lowest bidder, has a total order value of ₹230 crore. This includes ₹167.85 crore for the domestic scope and USD 36.52 lakh (approximately ₹30.4 crore) for imported plant and machinery. The scope of work encompasses complete turnkey execution, including engineering, civil works, furnishing, and installation of equipment, aimed at enhancing mining infrastructure and operational efficiency. This order is expected to strengthen SEPC's position in the mining infrastructure segment and contribute to a more predictable revenue pipeline. Commenting on the win, Mr. Venkataramani Jaiganesh, Managing Director of SEPC Limited, stated, “This order from MOIL reinforces SEPC’s execution capabilities in the mining infrastructure segment and reflects continued trust from public sector clients. The Company remains focused on disciplined project execution and expanding its presence in core infrastructure sectors.” In the first half of FY26, SEPC reported a consolidated total income of ₹455 crore, EBITDA of ₹54 crore, and net profit of ₹24.85 crore. For the full fiscal year FY25, the company achieved revenue of ₹597.65 crore, EBITDA of ₹98.94 crore, and net profit of ₹24.84 crore.

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SEPC Limited (SEPC) is in the news due to the company has secured a significant new order, which is a positive development for its business and revenue pipeline.

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SEPC Secures ₹230 Crore Mining Infrastructure Order from MOIL Limited

December 29, 2025, 03:55 AM

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SEPC Limited has announced that it has received a Letter of Acceptance (LOA) from MOIL Limited, a Government of India undertaking, for the design, construction, and commissioning of a 3rd Vertical Shaft at the Chikla Mine in Maharashtra.

The project, awarded through a global tender process where SEPC emerged as the lowest bidder, has a total order value of ₹230 crore. This includes ₹167.85 crore for the domestic scope and USD 36.52 lakh (approximately ₹30.4 crore) for imported plant and machinery.

The scope of work encompasses complete turnkey execution, including engineering, civil works, furnishing, and installation of equipment, aimed at enhancing mining infrastructure and operational efficiency. This order is expected to strengthen SEPC's position in the mining infrastructure segment and contribute to a more predictable revenue pipeline.

Commenting on the win, Mr. Venkataramani Jaiganesh, Managing Director of SEPC Limited, stated, “This order from MOIL reinforces SEPC’s execution capabilities in the mining infrastructure segment and reflects continued trust from public sector clients. The Company remains focused on disciplined project execution and expanding its presence in core infrastructure sectors.”

In the first half of FY26, SEPC reported a consolidated total income of ₹455 crore, EBITDA of ₹54 crore, and net profit of ₹24.85 crore. For the full fiscal year FY25, the company achieved revenue of ₹597.65 crore, EBITDA of ₹98.94 crore, and net profit of ₹24.84 crore.

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