SEPC Wins Rs 850 Million UAE Contract For Energy Upgrade

02 Dec 2025 CW Team

SEPC has secured an AED 35 million (Rs 850 million) contract through its UAE subsidiary, SEPC FZE, for a strategic energy-infrastructure upgrade project in the United Arab Emirates.

The order, awarded by Lauren Middle East Engineering Construction L.L.C., relates to upgrade works on Mubarraz Island under the Abu Dhabi Oil Company (ADOC) development programme.

Under the contract, SEPC will install a new Emergency Shutdown (ESD) system, a Nitrogen Generation Unit, and an advanced Public Address & General Alarm (PAGA) system. The project is scheduled for completion by December 2026.

The scope includes deployment of specialised engineering teams, piping and instrumentation upgrades, and integration of mission-critical safety systems essential for uninterrupted oil and gas operations. Payments will be milestone-linked, beginning 60 days after submission of an approved invoice and progress report, in line with ADOC’s back-to-back contractual framework.

SEPC said the order further strengthens its international execution capabilities and complements its operations in water treatment, road infrastructure, industrial EPC and mining within India. The company delivers end-to-end engineering solutions, including multidisciplinary design, procurement, construction and project management services.

SEPC’s consolidated net profit rose 262.4 per cent to Rs 83 million in Q2 FY26, while revenue from operations increased 8 per cent to Rs 2.3742 billion compared with Q2 FY25.

Shares of SEPC fell 1.17 per cent to Rs 10.11 on the BSE.

Real Estate

05 Dec 2025

RBI Rate Cut Boosts Confidence Across Housing Market

Industry Context and Market DynamicsThe real estate industry has welcomed the RBI’s rate cut as a timely boost to affordability and demand. With home prices having risen steadily across major markets, even a marginal reduction in interest rates meaningfully strengthens purchasing power, especially for first-time and mid-income buyers.Ashish Jerath, President – Sales & Marketing, Smartworld Developers, observes:“The RBI’s 25-basis-point cut, bringing the repo rate down to 5.25%, is a timely boost for the real estate sector. Lower interest rates reduce borrowing costs, enabling homeb..

BMC Resumes Rs 170 Billion Road Works, Targets 80 per cent By Jan 2026

Following the withdrawal of the southwest monsoon in October, the Brihanmumbai Municipal Corporation (BMC) has restarted work on 645 roads—covering 297.49 kilometres—under its large-scale concretisation programme. Data shows that more than 60 per cent of the resumed works are located in the western suburbs. Officials said the civic body aims to complete concretisation on 80 per cent of the roads where fresh work has begun by January 2026. Launched in 2022, the Rs 170 billion project seeks to concretise 700 kilometres of roads across Mumbai. All civil works were halted during the monsoon ..

India Pushes Digital Shift In Urban Land Mapping

The Department of Land Resources (DoLR) under the Ministry of Rural Development has convened a National Symposium on NAKSHA – the National Geospatial Knowledge-based Land Survey of Urban Habitations – to advance India’s transition to modern, technology-driven land mapping. Speaking at the inaugural session, Secretary Manoj Joshi underscored the urgent need to move revenue departments away from outdated, tape-based methods and rough hand-drawn sketches. He stressed that adopting latitude–longitude-based digital mapping and GIS-linked registration systems is essential for economic stabi..