SEPC Limited wins Rs. 230 Crore Turnkey Mining Infrastructure Order

New Delhi: State-run MOIL Ltd, a Miniratna PSU has awarded a work order to SEPC Ltd, one of India’s leading Engineering, Procurement and Construction (EPC) companies with a diversified presence across Water & Municipal Services, Roads, Industrial Infrastructure, and Mining.

The contract has been awarded for the design, construction and commissioning of a third Vertical Shaft at the Chikla Mine in Maharashtra.

The project has been awarded through a global tender process, with SEPC emerging as the lowest bidder. The order value stands at Rs 167.85 crore for the domestic scope, along with USD 36.52 lakh towards imported plant and machinery.

The scope of work includes complete turnkey execution, covering engineering, civil works, furnishing, and installation of equipment. The project is expected to strengthen mining infrastructure and operational efficiency at the Chikla Mine.

MOIL Limited (MOIL) is a government-owned company, Miniratna CPSE under the Ministry of Steel, Government of India. The Indian government holds a majority stake (around 53.35%), along with state governments, making it a PSU.