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SEPC Limited Joins Rs. 3,300 Crore Mining Consortium Project

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SEPC Limited Joins Rs. 3,300 Crore Mining Consortium Project

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SEPC Limited ( (IN:SEPC) ) just unveiled an update.

SEPC Limited has announced its entry into a significant Rs. 3,300 crore mining consortium project in collaboration with the JARPL-AT Consortium. This project, awarded by South Eastern Coalfields Limited, involves the Rampur Batura Opencast Coal Mine in Madhya Pradesh and is expected to span approximately 10 years. SEPC’s involvement includes supplying materials, deploying machinery and manpower, and providing project management and consultancy services. This strategic engagement is expected to bolster SEPC’s mining portfolio, enhance revenue visibility, and add stability to its project portfolio in India by participating in a high-value contract with an asset-light and capital-efficient structure.

More about SEPC Limited

SEPC Limited, formerly known as Shriram EPC Limited, is a leading Engineering, Procurement, and Construction (EPC) company in India. It offers turnkey solutions across sectors such as Water & Wastewater, Roads, Industrial Infrastructure, and Mining. The company is known for designing, procuring, constructing, and commissioning large and complex infrastructure projects, serving a diverse range of clients including Central and State Government agencies, and plays a significant role in India’s infrastructure development.

Average Trading Volume: 802,709

Technical Sentiment Signal: Sell

Current Market Cap: 14.47B INR

For an in-depth examination of SEPC stock, go to TipRanks’ Overview page.

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