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Business Upturn
3 days ago
- Business
- Business Upturn
SEPC secures Rs 650 crore solar EPC contract from Parmeshi Urja
By Aman Shukla Published on June 12, 2025, 15:55 IST SEPC Limited (NSE: SEPC | BSE: 532945), a leading player in the Engineering, Procurement, and Construction (EPC) space, has been awarded a prestigious contract worth ₹650 crore by Parmeshi Urja Ltd, a Kolkata-based subsidiary of India Power Corporation Limited. The project entails the full EPC scope — including Design, Engineering, Supply, Installation, Testing, and Commissioning — of a 133 MW Solar Power Project. The solar infrastructure will be spread across four key districts in Maharashtra: Sambhaji Nagar, Dhule, Solapur, and Nanded. This green energy initiative falls under the Government of India's PM-KUSUM Yojana, which aims to boost solar adoption for agricultural and rural development. With an estimated execution timeline of 12 to 18 months, the project is a strategic leap for SEPC, marking its return to the renewable energy sector. The company, known for its past projects in Wind, Biomass, and Thermal power, is poised to deliver high-quality, large-scale infrastructure solutions. This major order almost doubles SEPC's domestic order book and strengthens its portfolio across the renewable energy domain. It also reinforces SEPC's commitment to supporting India's clean energy mission and showcases its expertise in executing technically complex infrastructure projects across multiple regions. Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
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Business Standard
3 days ago
- Business
- Business Standard
SEPC share zooms 10% on securing order from Parmeshi Urja; details here
SEPC share price: SEPC share price was buzzing in trade on Thursday, June 12, 2025, with the stock rallying up to 9.50 per cent to an intraday high of ₹15.09 per share. However, by 10:12 AM, SEPC shares were off day's high, and were trading 4.35 per cent higher at ₹14.38 apiece. In comparison, BSE Sensex was trading 0.18 per cent lower at 82,362.88 levels. Why did SEPC share price jump in trade today? SEPC share price zoomed after it announced that it has secured a letter of award (LoA) worth Rs 650 crore from Parmeshi Urja Limited, Kolkata. In an exchange filing, SEPC said, 'This is to inform you that we, SEPC Limited, have received a Letter of Award from Parmeshi Urja Limited, Kolkata for EPC of 133 MW AC Solar Power Project at 26 locations in Maharashtra India for a consideration of ₹650 crore.' Under the terms of the order, SEPC will be responsible for engineering procurement and construction (EPC) of 133 MW AC solar power project at 26 locations covering 4 districts in Maharashtra, India. ALSO READ | About SEPC SEPC, founded in June 2000, is among the leading providers of integrated Engineering, Procurement, and Construction (EPC) services. The company engages in delivering end-to-end solutions across a wide range of sectors, including water, infrastructure, metallurgy, and process industries. SEPC offers multidisciplinary services that cover design, engineering, procurement, construction, commissioning, and project management. The industrial EPC division focuses on steel plants, deep shaft mining, power plants, and process plants. SEPC has a diverse client base, including major organisations like Tata Steel, NMDC Ltd, and Delhi Jal Board, showcasing its capabilities across a variety of industries. Last checked on BSE, SEPC's market capitalisation stood at ₹2,714.61 crore. It falls under the BSE SmallCap category.
Business Upturn
4 days ago
- Business
- Business Upturn
SEPC secures Rs 650 crore EPC contract for 133 MW solar project in Maharashtra
By Aman Shukla Published on June 11, 2025, 15:44 IST SEPC Limited has been awarded a significant Engineering, Procurement, and Construction (EPC) contract worth ₹650 crore by Parmeshi Urja Limited, based in Kolkata. The contract involves the execution of a 133 MW AC solar power project across 26 locations spread over four districts in Maharashtra, India. The Letter of Award (LOA) was officially received by SEPC on the evening of June 10, 2025. This marks a major milestone for SEPC as it continues to strengthen its presence in India's renewable energy sector. The project is classified as a domestic assignment and includes full EPC responsibilities for solar power infrastructure development. The execution timeline for the project will be finalized during kick-off meetings held at each site location. This large-scale renewable energy initiative highlights SEPC's growing capabilities and commitment to supporting India's green energy goals. Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
