SEPC Settles HCL Dispute, Wins Rs 725m Mining Order

16 Dec 2025 CW Team

Engineering, procurement and construction firm SEPC Ltd on Thursday said it has settled a long-running dispute with Hindustan Copper Ltd and secured a mining project worth Rs 725 million from the state-owned miner.

As part of the settlement, SEPC will receive Rs 304.5 million as full and final payment, bringing closure to all pending arbitration claims and counterclaims between the two companies. The settlement deed formally concludes all inter-se disputes arising from earlier arbitration proceedings, the company said in a filing to the BSE.

SEPC also said Hindustan Copper has confirmed the issuance of a supplementary work order valued at Rs 725 million for the ongoing vertical shaft sinking project. The additional scope increases the overall project value and strengthens SEPC’s position as a key EPC partner in the mining infrastructure segment.

The company has a diversified presence across water and municipal services, industrial infrastructure and mining, and specialises in the design, procurement, construction and commissioning of large and complex infrastructure projects across India.

Infrastructure Transport

01 Jun 2026

MMRDA advances 250 m on Orange Gate–Marine Drive tunnel

The Mumbai Metropolitan Region Development Authority (MMRDA) has completed 250 m of underground tunnelling for the Orange Gate–Marine Drive Urban Road Tunnel using India’s largest slurry shield tunnel boring machine (TBM) deployed for an urban road project.The project involves twin tunnels extending over 7 km beneath critical transport corridors, including Central Railway, Western Railway and Metro Line 3. The work requires high-precision engineering to navigate densely developed urban infrastructure.Once completed, the tunnel is expected to reduce travel time between Orange Gate and Marin..

Hindustan Zinc Pays Rs 188.46 Billion in FY26

Hindustan Zinc contributed Rs 188.46 billion to the public exchequer in FY 2025-26, according to its 9th Tax Transparency Report. The contribution, equivalent to 46 per cent of the company’s revenue, included direct and indirect taxes, government royalties, dividends to the Government of India, withholding taxes and other statutory levies.The company’s five-year cumulative contribution to the exchequer stood at Rs 915.72 billion. In FY26, Hindustan Zinc reported revenue of Rs 408.44 billion, EBITDA of Rs 221.62 billion and profit after tax of Rs 138.32 billion. It also achieved its highest..

World of Concrete India 2026 Opens in Mumbai

Informa Markets in India will host the 12th edition of World of Concrete India 2026 from 3–5 June 2026 at the Bombay Exhibition Centre, Mumbai. The specialised B2B exhibition will bring together manufacturers, suppliers, contractors, developers, architects, consultants, infrastructure companies, project leaders and government stakeholders.The event is expected to feature over 350 brands and more than 18,000 trade professionals. It will cover concrete and cement, dry mortar, precast technologies, formwork, construction chemicals, industrial and commercial flooring, scaffolding, safety solutio..