MD signs Rs. 854.57 crore SAIL-IISCO Burnpur contract; consolidated order book crosses Rs. 10,000 crore
Contract signed with SAIL for the Pellet Plant package at the SAIL-IISCO Steel Plant, Burnpur.
- Total Contract Price
- ₹951.60 crore
- Net Contract Value
- ₹854.57 crore (after Input Tax Credit of ₹97.04 crore passed on to SAIL)
- Consolidated Order Book
- crosses ₹10,000 crore, over nine times FY26 Total Income of ₹1,085.8 crore
Contract signed with SAIL for Burnpur pellet plant package
SEPC has signed the Contract Agreement with Steel Authority of India Limited (SAIL) for the Pellet Plant BOP including Civil & Structural works (Pellet Plant Package-2) at the SAIL-IISCO Steel Plant (ISP), Burnpur, West Bengal. The agreement was signed on October 8, 2026, and follows the Letter of Acceptance received by the company from SAIL-ISP in August 2026.
What the numbers say
- Total Contract Price: ₹951.60 crore
- Input Tax Credit of ₹97.04 crore is to be passed on to SAIL
- Net value of the contract: ₹854.57 crore
- Commissioning within 32 months from the effective date of the contract, September 3, 2026
The package forms part of SAIL-ISP's 4.08 MTPA Crude Steel Expansion at Burnpur and will be executed on a divisible turnkey basis. M. N. Dastur & Company Pvt. Ltd. is the Engineering and Construction Management Consultant, and MECON Limited is the Procurement and Contract Engineering Services Consultant for the project.
Who signed
The agreement was signed by Mr. Praveen Kumar, Executive Director (Projects), on behalf of SAIL-ISP, and by Mr. Venkataramani Jaiganesh, Managing Director, on behalf of SEPC. The signing took place in the presence of Mr. Surajit Mishra, Director In-charge, Durgapur Steel Plant and IISCO Steel Plant, Burnpur, along with other senior officials of SAIL-ISP.
Order book milestone
SEPC's consolidated order book has crossed the ₹10,000 crore mark, which the company describes as over nine times its FY26 Total Income of ₹1,085.8 crore. The release states this provides multi-year revenue visibility and reinforces the company's presence in large-scale industrial EPC work.
Company financials quoted in the release
- FY26 Total Income: ₹1,085.8 Cr
- FY26 EBITDA: ₹108.9 Cr
- FY26 Net Profit: ₹53.5 Cr
- FY25 Total Income: ₹646.0 Cr, with Net Profit more than doubling over the previous year
About the company
SEPC Limited (formerly Shriram EPC Limited) describes itself as an EPC company offering turnkey solutions across Water & Wastewater, Roads, Industrial Infrastructure and Mining sectors, serving a range of clients including Central and State Government agencies.
The release also carries a disclaimer that statements which are not historical facts are forward looking and subject to risks and uncertainties.
Also from SEPC
Madras High Court lifts attachment on Rs 154 crore receivables after dispute settlement
5 Oct 2026
Madras High Court Common Order Settles Long-Standing Disputes; Attachments Lifted
1 Oct 2026
Shareholders approve appointment of Ms. K B K Vasuki as Independent Director for 5 years
29 Sep 2026
More numbers
- Total Contract Price₹951.60 Crore
- Input Tax Credit to be passed on to SAIL₹97.04 Crore
- Net value of the contract₹854.57 Crore
- Consolidated order book₹10,000 Crore
- Commissioning period from effective date32 months
- FY26 Total Income₹1,085.8 Cr
- FY26 Net Profit₹53.5 Cr
- FY25 Total Income₹646.0 Cr
Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.