SEPC Signs ₹854.57 Crore Contract with SAIL

SEPC Limited

has signed a ₹854.57 crore contract with Steel Authority of India Limited (SAIL) for the Pellet Plant Balance of Plant (BOP) package, including civil and structural works, at the IISCO Steel Plant in Burnpur, West Bengal. Project Details Contract Value: ₹854.57 crore, net of input tax credit Total Contract Price: ₹951.60 crore, including ₹97.04 crore in input tax credit to be passed on to SAIL Project Scope: Pellet Plant Balance of Plant (BOP), including civil and structural works under Package-2 Execution Timeline: 32 months from the contract’s effective date of September 3, 2026 Execution Model: Divisible turnkey basis Part of SAIL’s Steel Capacity Expansion: - The project is part of SAIL-IISCO’s plan to expand crude steel production capacity to 4.08 million tonnes per annum (MTPA) at Burnpur. - M. N. Dastur & Company will serve as the Engineering and Construction Management Consultant, while MECON Limited will provide procurement and contract engineering services. Order Book Crosses ₹10,000 Crore: - SEPC’s consolidated order book has crossed ₹10,000 crore, providing a sizeable pipeline of projects for future execution. The order book is more than nine times the company’s FY26 total income of ₹1,085.8 crore. - The focus now shifts to project execution, timely commissioning and the contribution of the order to future revenue. Disclaimer: This content is for educational and informational purposes only and should not be considered investment advice or a recommendation to buy or sell any security. Investors should conduct their own research and consider their risk profile before making any investment decision.