The contract is for the Ajmer–Chanderiya Doubling Project of the Ajmer Division, North Western Railway (NWR), marking a key addition to SEPC’s growing transportation infrastructure portfolio.
SEPC Ltd, a leading EPC (Engineering, Procurement, and Construction) player listed on the NSE and BSE, announced that the project was awarded under the VPRPL–SBEL Joint Venture. SEPC will be responsible for executing the project works under the supervision and control of the joint venture, in accordance with the Letter of Award issued by the North Western Railway.
“Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith press release for the Work Order received by SEPC from M/s. Vishnu Prakash R Punglia Limited on sub- contract basis for Railway Infrastructure Project with a total value of Rs. 269,68,59,518/- (Rupees Two Hundred Sixty- Nine Crore Sixty – Eight Lakhs Fifty- Nine Thousand Five Hundred Eighteen Only) in connection with AjmerChanderiya Doubling Project of Ajmer Division, North Western Railway,” the company said in an exchange filing.
The awarded scope includes extensive formation and civil works on the Mandpiya (including) to Chanderiya (including) railway section. It comprises a wide array of infrastructure activities such as embankment filling, bridge construction (including major, minor, and road under bridges), station building construction, platform development, P-Way works for laying and linking broad-gauge track, and various electrical works.
Other components include construction of foot over bridges, trolley refuges, toe walls, retaining walls, and drainage systems.
The Rs 269.69 crore order is expected to significantly strengthen SEPC’s transportation infrastructure order book. The company noted that this development enhances its position in the railway EPC segment and supports its overall expansion strategy across core infrastructure verticals in India.The project aligns with Indian Railways’ broader strategy of capacity augmentation and is aimed at boosting operational efficiency and connectivity across key routes.
Also read: Meesho shares zoom 13% to fresh peak; market cap tops Rs 85,000 crore
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
Source link
