The order covers two major packages under the expansion project aimed at increasing the plant’s annual crude steel production capacity of 4.08 million mt. The Coke Oven Battery Balancing Package (COB-3), excluding civil and structural works, is valued at INR 296.77 crore, while the Sinter Plant Balancing Package (SP-2), including civil and structural works, is valued at INR 376.56 crore. The total contract value was announced at INR 673.32 crore, excluding taxes, with project completion scheduled within 30 to 33 months.
In its statement, SEPC emphasized that the order from one of India’s largest integrated steel producers demonstrates the company’s engineering capabilities, project execution track record, and reliability in delivering complex industrial projects. The company also noted that the contract strengthens its order book and enhances its ability to benefit from capacity expansion and modernization investments in India’s steel sector.
SEPC Managing Director Venkataramani Jaiganesh stated that the order from SAIL’s IISCO Steel Plant represents an important milestone for the company. He emphasized, “This project aligns with our strategy of expanding our presence in large scale industrial and process infrastructure projects. India’s steel industry has entered a sustainable growth phase supported by infrastructure investments, production expansion and long term economic objectives. We believe this order will strengthen our order book while improving our future revenue visibility.”
SEPC provides end to end engineering solutions, including multidisciplinary design, engineering, procurement, construction and project management services.
Meanwhile, the company’s consolidated net profit increased by 37.03% year on year to INR 13.73 crore in the fourth quarter of fiscal year 2026. During the same period, operating revenue recorded a 132.45% increase, reaching INR 273.83 crore.
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