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An announcement from SEPC Limited ( (IN:SEPC) ) is now available.
SEPC Limited, through its UAE arm SEPC FZE, has secured a significant AED 35 million (₹85 crore) subcontract for a strategic energy infrastructure upgrade in the UAE. The project, awarded by Lauren Middle East Engineering Construction L.L.C., involves the installation of critical systems at Mubarraz Island under the Abu Dhabi Oil Company framework. This contract marks a substantial expansion of SEPC’s capabilities in the Middle East, reinforcing its strategy to grow its international portfolio and enhance its reputation in executing complex EPC assignments. The project is expected to run until December 2026, with payment and deliverables aligned with milestone-based contractual agreements.
More about SEPC Limited
SEPC Limited, formerly known as Shriram EPC Limited, is a leading Engineering, Procurement, and Construction (EPC) company with a diversified presence across sectors such as Water & Wastewater, Roads, Industrial Infrastructure, and Mining. The company specializes in providing turnkey solutions for large and complex infrastructure projects in India, serving a wide range of clients including Central and State Government agencies.
Average Trading Volume: 775,883
Technical Sentiment Signal: Sell
Current Market Cap: 15.66B INR
For detailed information about SEPC stock, go to TipRanks’ Stock Analysis page.