Shares of SEPC Ltd soared 7% on Tuesday, 16 December, after the company secured a railway infrastructure project worth Rs 269.69 crore under the Ajmer-Chanderiya Doubling Project.

SEPC has secured a railway infrastructure project worth Rs 269.69 crore for the Ajmer-Chanderiya Doubling Project of the Ajmer Division of North Western Railway, as per a regulatory filing.

The contract has been given to the VPRPL-SBEL Joint Venture, with SEPC responsible for carrying out the project works under the joint venture’s supervision, according to the letter of award released by North Western Railway.

The scope of work includes formation and civil works on the Mandpiya to Chanderiya segment, including earthwork for embankment filling, cutting, and blanketing, as well as the building of main and minor bridges, road under bridges, restricted height subways, foot over bridges, and trolley refuges.

The project is part of the Indian Railways’ capacity augmentation initiative, which aims to improve operational efficiency and connectivity on major routes. The deal expands SEPC’s transportation infrastructure order book and enhances its position in the railway engineering, procurement, and construction sector.

“Railways remain a key focus area for the company, and our role in executing this project under North Western Railway further strengthens our transportation infrastructure portfolio,” Venkataramani Jaiganesh, managing director, SEPC, said. “We continue to see steady momentum across infrastructure segments in India, supported by disciplined project selection and execution.”

SEPC and JARPL-AT Consortium will collaborate on the Rs 3,300 crore Rampur Batura Opencast Coal Mine Project in Sohagpur, Shahdol district, Madhya Pradesh. The scope of work comprises the provision of materials, the deployment of machinery and labor, project management and consultation services, and other related services as agreed upon.

SEPC provides end-to-end solutions in a variety of areas, including water, infrastructure, metallurgy, and process industries. SEPC provides multidisciplinary services including design, engineering, procurement, construction, commissioning, and project management.

At 1:30 pm, the shares of SEPC were trading 3.23% higher at Rs 10.53 on NSE. 

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