SEPC Ltd. has secured a Letter of Acceptance (LoA) from Steel Authority of India Ltd. (SAIL) for an engineering and construction contract worth ₹854.56 crore (₹854,56,71,234), as per the exchange filings.
The order relates to the Pellet Plant Balance of Plant (BOP), including Civil & Structural works (Pellet Package-2) for the 4.08 MTPA crude steel expansion project at SAIL's IISCO Steel Plant (ISP), Burnpur.
The company said the LoA was awarded by SAIL-IISCO Steel Plant, Burnpur, for executing the Pellet Plant BOP, including Civil & Structural works, under the steel plant's expansion programme. The total contract value stands at ₹854.56 crore (net of input tax credit).
The contract forms part of the 4.08 million tonnes per annum (MTPA) crude steel expansion project at SAIL-ISP Burnpur.
According to the company, the scope covers the Pellet Plant Balance of Plant (BOP) along with associated civil and structural works required for the project.
SEPC said the project is scheduled to be completed within 32 months from the effective date of the contract. The effective date will be the date of signing of the agreement or 30 days from the issuance of the Letter of Acceptance, whichever is earlier.
The company clarified that the contract has been awarded by a domestic entity, namely Steel Authority of India Ltd. (SAIL), and will be executed in accordance with the terms and conditions of the tender and the subsequent Letter of Acceptance.
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As of August 05, 2026, at 2:24 PM, SEPC share price was trading at ₹6.35 per share, reflecting a surge of 6.72% from the previous trading session.
SEPC has strengthened its order book with an ₹854.57 crore contract from SAIL for the Burnpur crude steel expansion project. The order, which will be executed over 32 months, reinforces the company's presence in large-scale industrial and steel sector infrastructure projects.
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Published on: Aug 5, 2026, 3:51 PM IST
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