SEPC, a prominent Indian EPC firm specializing in water, municipal services, roads, industrial, and mining infrastructure, has secured a Rs 230 crore turnkey contract from MOIL.
This contract entails the design, construction, and commissioning of a third vertical shaft at the Chikla Mine in Maharashtra, comprising Rs 167.85 crore for domestic scope and USD 36.52 lakh for imported plant and machinery, with SEPC being the lowest bidder.
The work scope encompasses comprehensive execution, including engineering, civil works, equipment installation, and furnishing, with the objective of enhancing mining infrastructure and operational efficiency at the Chikla Mine. This agreement solidifies SEPC’s position in the mining infrastructure domain and underscores its capability to manage complex, high-value projects with extended execution timelines.
The project framework promotes effective capital utilization and aids in establishing a reliable revenue stream, in line with SEPC’s strategic emphasis on selective growth within core infrastructure sectors that offer clear execution visibility.
