SEPC Secures $8.9 Million Work Order from Lauren Engineers in UAE

In a recent development, SEPC FZE, the wholly owned subsidiary of SEPC Ltd based in Sharjah, UAE, has been awarded a high-value international contract by Lauren Engineers & Constructors INC.

The contract, valued at $8.9 million (~₹756 crore), involves the construction, supply, and installation of large-capacity steel tanks in Fujairah, United Arab Emirates. The company received the Letter of Award on May 27, 2025. 

Project Scope and Timelines 

As per the agreement, SEPC FZE will construct, supply, and install four steel tanks, each with a 45,000-litre capacity. The contract outlines a 15-month completion window, including the final commissioning of the tanks. The project is part of SEPC’s ongoing effort to strengthen its international EPC (Engineering, Procurement, and Construction) portfolio. 

International Deal with Promoter Group Connection 

The contract has been awarded by Lauren Engineers & Constructors INC, an international entity with which SEPC’s promoter group has an interest. Accordingly, this project is classified as a related-party transaction. The deal also highlights SEPC’s ability to attract and execute large-scale infrastructure orders through its overseas operations. 

Also Read: Railtel Bags ₹25 Crore Andhra Police Order; Stock Jumps 30% in May After Strong Q4 Fy25 Earnings. 

SEPC Share Price 

On May 28, 2025, SEPC share price (NSE: SEPC) opened at ₹14.35, slightly higher than its previous close at ₹14.28. At 11.30 AM, the share price of SEPC was trading at ₹15.31, up by 7.21% on the NSE. 

Conclusion 

The award of this contract reinforces SEPC’s global presence and operational capabilities in the infrastructure sector. With work set to begin shortly, the company is expected to complete the project within the stipulated timeline, further cementing its reputation in high-value international projects. 

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