+
SEPC Wins Rs 6.5 Billion Solar Project in Maharashtra
POWER & RENEWABLE ENERGY

SEPC Wins Rs 6.5 Billion Solar Project in Maharashtra

SEPC Ltd announced on Wednesday that it has secured a Letter of Award (LoA) valued at Rs 6.5 billion (approximately £62 million) from Parmeshi Urja Ltd for the engineering, procurement, and construction (EPC) of a 133-megawatt (AC) solar power project across Maharashtra.

The project will span 26 locations within four districts in the western Indian state and was awarded by Parmeshi Urja, a renewable energy firm headquartered in Kolkata. The LoA was received by SEPC on the evening of 10 June, according to the company’s regulatory filing.

Execution timelines will be determined through kick-off meetings scheduled at each of the project sites. SEPC clarified that the award involves no related party transactions and confirmed that neither its promoters nor group entities have any stake in Parmeshi Urja.

Formerly known as Shriram EPC, SEPC operates across various infrastructure domains, offering integrated engineering services in renewable energy, water supply, and waste treatment sectors.

Following the news, SEPC’s shares closed 3.7 per cent higher in Wednesday’s trading session.

SEPC Ltd announced on Wednesday that it has secured a Letter of Award (LoA) valued at Rs 6.5 billion (approximately £62 million) from Parmeshi Urja Ltd for the engineering, procurement, and construction (EPC) of a 133-megawatt (AC) solar power project across Maharashtra.The project will span 26 locations within four districts in the western Indian state and was awarded by Parmeshi Urja, a renewable energy firm headquartered in Kolkata. The LoA was received by SEPC on the evening of 10 June, according to the company’s regulatory filing.Execution timelines will be determined through kick-off meetings scheduled at each of the project sites. SEPC clarified that the award involves no related party transactions and confirmed that neither its promoters nor group entities have any stake in Parmeshi Urja.Formerly known as Shriram EPC, SEPC operates across various infrastructure domains, offering integrated engineering services in renewable energy, water supply, and waste treatment sectors.Following the news, SEPC’s shares closed 3.7 per cent higher in Wednesday’s trading session.

Next Story
Real Estate

MoHUA Sanctions 1.47 Lakh Additional Houses Under PMAY-U 2.0

In a major push towards the Government’s Housing for All mission, the Ministry of Housing and Urban Affairs (MoHUA) has approved 1,46,582 additional pucca houses under Pradhan Mantri Awas Yojana – Urban 2.0 (PMAY-U 2.0) for 14 States/UTs, bringing total sanctions under the revamped scheme to 8.56 lakh.The decision came during the fourth meeting of the Central Sanctioning and Monitoring Committee (CSMC), chaired by Srinivas Katikithala, Secretary, MoHUA, at the Ministry’s Kasturba Gandhi Marg office. Senior officials, State Principal Secretaries, and PMAY-U Mission Directors participated ..

Next Story
Real Estate

Piyush Goyal Inaugurates Expanded ISA Building at Intellectual Property Office

Union Minister of Commerce and Industry, Piyush Goyal, today inaugurated the newly expanded International Searching Authority (ISA) building at the Intellectual Property Office (IPO) in Dwarka, New Delhi, marking a major step forward in India’s intellectual property ecosystem.Addressing the gathering, Goyal highlighted that innovation has been central to India’s heritage for centuries, citing the engineering brilliance of the Konark Temple as a historic example. He emphasised that innovation is not just intellectual property but a symbol of sovereignty, and a key driver in India’s journe..

Next Story
Real Estate

SIEGER Boosts Automation in Mumbai Realty

SIEGER, a leading automation solutions provider, is expanding its advanced manufacturing capabilities to meet the surging demand for precision, high-speed automation in Mumbai’s rapidly growing real estate sector.Operating from a 21,000 m² advanced production hub in Coimbatore—part of a 40,000 m² integrated campus—SIEGER offers complete solutions from design and prototyping to manufacturing and deployment. The fully digitalised facility features CNC machining, QR-coded component tracking, conveyorized powder coating, and a Government of India–certified R&D centre, ensuring unmatc..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?