SEPC JV Secures Rs521.5 Crore Road Contract In Uttar Pradesh
ROADS & HIGHWAYS

SEPC JV Secures Rs521.5 Crore Road Contract In Uttar Pradesh

SEPC JV has secured an engineering, procurement and construction order for a road project in Uttar Pradesh from Shalimar Corp, valued at Rs521.5 crore. The contract was awarded to the joint venture and covers construction and related works for the specified section. An EPC order typically requires the contractor to deliver a complete built asset to agreed specifications and manage design integration. The joint venture will be responsible for coordination with subcontractors and suppliers during execution and to oversee quality control across the construction period.

The value of the contract, given in the announcement, converts to Rs5,215 million (Rs5,215 mn) using standard crore to million conversion. This represents Rs5.215 billion (Rs5.215 bn) when expressed in billions. One crore equals 10 million, which underpins the conversion figure. The disclosure provides a clear numeric basis for investors and stakeholders to assess the scale of the award and to compare it with other infrastructure awards.

The contract adds to the order book of the SEPC joint venture and aligns with ongoing infrastructure activity in the state. Execution under EPC terms will place primary delivery responsibility with the joint venture, including procurement of materials and site management. The joint venture will manage compliance with contract specifications and regulatory approvals during delivery. The award supports local supply chains and creates contractual workstreams for regional contractors.

No financial guidance or timeline was provided alongside the announcement, and the firms did not disclose contract duration or milestone dates. Market observers will review the filing for implications on revenue recognition and cash flow and on near term profitability metrics. The companies indicated that further operational details will be released as they are finalised, with periodic regulatory filings to follow. The transaction underlines sustained investor interest in infrastructure contracts in the region.

SEPC JV has secured an engineering, procurement and construction order for a road project in Uttar Pradesh from Shalimar Corp, valued at Rs521.5 crore. The contract was awarded to the joint venture and covers construction and related works for the specified section. An EPC order typically requires the contractor to deliver a complete built asset to agreed specifications and manage design integration. The joint venture will be responsible for coordination with subcontractors and suppliers during execution and to oversee quality control across the construction period. The value of the contract, given in the announcement, converts to Rs5,215 million (Rs5,215 mn) using standard crore to million conversion. This represents Rs5.215 billion (Rs5.215 bn) when expressed in billions. One crore equals 10 million, which underpins the conversion figure. The disclosure provides a clear numeric basis for investors and stakeholders to assess the scale of the award and to compare it with other infrastructure awards. The contract adds to the order book of the SEPC joint venture and aligns with ongoing infrastructure activity in the state. Execution under EPC terms will place primary delivery responsibility with the joint venture, including procurement of materials and site management. The joint venture will manage compliance with contract specifications and regulatory approvals during delivery. The award supports local supply chains and creates contractual workstreams for regional contractors. No financial guidance or timeline was provided alongside the announcement, and the firms did not disclose contract duration or milestone dates. Market observers will review the filing for implications on revenue recognition and cash flow and on near term profitability metrics. The companies indicated that further operational details will be released as they are finalised, with periodic regulatory filings to follow. The transaction underlines sustained investor interest in infrastructure contracts in the region.

Next Story
Infrastructure Transport

Afcons Secures Rs 53.01 Billion Vadhvan Breakwater Contract

Afcons Infrastructure has received the Letter of Award from Vadhvan Port Project for the construction of a 10.14-km-long breakwater at the upcoming Vadhvan Port in Maharashtra. Valued at Rs 53.01 billion, the project will create what is set to become the second longest breakwater in the world upon completion.The contract marks a significant milestone for the marine infrastructure specialist and is expected to play a crucial role in the development of Vadhvan Port, envisaged as India's largest public port and one of the world's biggest container ports.Krishnamurthy Subramanian, Executive Chairm..

Next Story
Infrastructure Energy

India Clean Industry Pipeline Grows 30%

India’s clean industry project pipeline has grown by 30 per cent over a six-month period, reflecting rising interest in low-carbon industrial growth amid geopolitical and supply-chain uncertainty.Mission Possible Partnership’s latest Global Project Tracker shows that India now has the world’s third-largest clean industrial project pipeline by project count, after China and the United States. The country has 65 projects across four sectors and 11 states, representing an estimated $433.07 billion investment opportunity in clean fuels, chemicals and low-carbon manufacturing.The pipeline inc..

Next Story
Infrastructure Urban

Kärcher Showcases Professional Cleaning Solutions

Kärcher India recently showcased its professional cleaning solutions portfolio for commercial, industrial, hospitality, healthcare, retail, automotive and institutional applications. The range includes cleaning agents and detergents designed to support efficiency, material safety, operational reliability and hygiene across multiple environments.Under floor cleaning, Kärcher offers solutions such as FloorPro Deep Cleaner RM 751, FloorPro Shine Cleaner RM 755, FloorPro Fine Stoneware Cleaner RM 753, FloorPro Crystallising Agent RM 749 and High Gloss Crystallising Powder RM 775. These products ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement