SEPC secures ₹673 crore SAIL expansion project
The projects are scheduled for execution over a period of 30 to 33 months, further enhancing SEPC’s long-term revenue visibility and execution pipeline. | Photo Credit: KAMAL NARANG
The industrial infrastructure engineering, procurement and construction company is set to work on a 4.08 mtpa crude steel expansion project for IISCO Steel Plant in Burnpur comprising two key packages under the expansion project.
The Coke Oven BOP (Balance of Plant) Package – COB-3 (excluding civil and structural works) is valued at ₹376.56 crore, while the Sinter Plant BOP Package – SP-2 (including civil and structural works) is valued at ₹296.77 crore.
The aggregate contract value stands at ₹673.32 crore. The projects are scheduled to be executed over a period of 30-33 months, further enhancing SEPC’s long-term revenue visibility and execution pipeline.
In a statement, the managing director of SEPC, Venkataramani Jaiganesh, said, “India’s steel industry is entering a phase of sustained capacity expansion driven by infrastructure development, manufacturing growth, and the nation’s long-term economic ambitions. We believe this order positions SEPC favourably to participate in this transformation while strengthening our order book and enhancing future revenue visibility.”
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.
Original Headline
SEPC secures ₹673 crore SAIL expansion project