05 Aug 2026
SEPC received a 854.57 crore rupee letter of acceptance from SAIL for the pellet plant balance-of-plant package at IISCO Steel Plant, Burnpur.
The scope covers civil and structural work for pellet package 2 under SAIL's expansion of the Burnpur plant to 4.08 million tonnes a year of crude steel, to be completed in 32 months. This is the second award SEPC has taken from the same expansion programme after 673.32 crore rupees for the coke oven and sinter plant packages in June, which is the more useful read: a single client is now funding two large packages rather than a one-off win. The order takes the backlog to about 10,455 crore rupees. The letter of acceptance is dated 4 August and was filed on 5 August, so it is a prior-day award surfacing in today's set.
08 Jul 2026
SEPC will acquire up to 90% of UAE-based Avenir via a Rs 1,530 crore preferential issue.
The allotment of 153 crore shares at Rs 10 marks a large cross-border expansion for the EPC firm, pending shareholder and regulatory approvals.
15 Jun 2026
SEPC won a 673.32 crore rupee order from SAIL's IISCO Steel Plant at Burnpur for coke-oven and sinter-plant balance-of-plant packages in a 4.08 MTPA expansion.
The two packages run 30 and 33 months, giving multi-year execution visibility for a company rebuilding its order book. The same order surfaced unconfirmed in mid-June and has now landed as a formal letter of acceptance.
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Anand Ganapathy K | SEBI Registered Research Analyst | INH000016630. Stock notes are market commentary for general information and education. They are not investment advice, not a recommendation to buy or sell, and do not account for any individual's financial situation. Investment in securities is subject to market risks. Please read all related documents carefully before investing. Past performance is not a guarantee of future results.