SEPC Secures Major Order From SAIL For Steel Expansion

24 Jun 2026 CW Team

SEPC Limited, an engineering, procurement and construction company, has secured a major contract from Steel Authority of India Limited's IISCO Steel Plant at Burnpur for the four point zero eight million tonnes per annum (MTPA) crude steel expansion project. The contract was awarded at a value of Rs 6,733.2 mn net of taxes. The win marks a significant order in the company's industrial infrastructure pipeline.

The scope comprises two key packages under the expansion project. The coke oven balance of plant package COB-3, excluding civil and structural works, is valued at Rs 2,967.7 mn, while the sinter plant balance of plant package SP-2, including civil and structural works, is valued at Rs 3,765.6 mn. The projects are scheduled for execution over a period of 30 to 33 months.

The managing director said the order reflected confidence from one of India's largest integrated steel producers and underscored SEPC's engineering capabilities and execution track record. The company noted that the contract strengthens its order book and enhances forward revenue visibility. The win supports SEPC's strategy to expand its footprint in large industrial and process infrastructure projects.

In the financial year ending FY26 the company delivered total income of Rs 10,858 mn, EBITDA of Rs 1,089 mn and net profit of Rs 535 mn. This followed total income of Rs 6,460 mn in the prior year, with net profit more than doubling year on year. Management highlighted the improved financial position as supportive of execution of large scale projects.

SEPC Limited, formerly Shriram EPC Limited, provides turnkey solutions across water and wastewater, roads, industrial infrastructure and mining and serves a range of central and state government clients. The company continues to pursue opportunities arising from capacity expansion and modernisation within India's steel and heavy industrial sectors.

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