SEPC (formerly Shriram EPC Ltd), a leading EPC company, has secured a Letter of Acceptance (LoA) worth ₹854.57 crore from Steel Authority of India Ltd’s IISCO Steel Plant (ISP), Burnpur.
The order is for executing the Pellet Plant Balance of Plant (BOP), including civil and structural works, for Pellet Plant Package-2 under SAIL-ISP’s 4.08 MTPA crude steel expansion project. The project is scheduled for completion within 32 months.
Strengthens industrial EPC portfolio
The contract further strengthens SEPC’s presence in the industrial EPC segment and reflects the continued confidence of marquee customers in the company’s engineering capabilities and project execution expertise.
Over the years, SEPC has built a diversified portfolio across industrial infrastructure, water and wastewater management, roads and mining, executing complex projects for both government and private sector clients.
Focus on growth opportunities
The company said it remains focused on expanding its project portfolio by leveraging its technical expertise, disciplined execution approach and strong customer relationships.
With a healthy pipeline of opportunities across infrastructure and industrial sectors, SEPC aims to further strengthen its position as a trusted EPC partner supporting India’s long-term infrastructure and manufacturing growth.
Financial performance
In FY26, SEPC reported total income of ₹1,086 crore, compared with ₹646 crore in the previous year. Net profit more than doubled to ₹54 crore.
“As India’s steel industry continues to expand to meet the country’s long-term infrastructure and manufacturing aspirations, SEPC remains committed to delivering this project with the highest standards of quality, safety and operational excellence,” said Managing Director Venkataramani Jaiganesh.
“This order further strengthens our position in the industrial EPC segment and provides strong momentum to our project portfolio,” he added.