SEPC joins ₹3,300 crore mining consortium for 10-year project
SEPC Limited has entered into a consortium with Jai Ambey Roadlines Private Limited (JARPL) and Avinash Transport (AT) for a mining project valued at approximately ₹3,300 crore, inclusive of GST. This JARPL-AT Consortium will execute a project awarded by South Eastern Coalfields Limited (SECL) for the Rampur Batura Opencast Coal Mine Project in Madhya Pradesh, with SEPC serving as a strategic partner.
The project encompasses excavation, loading, transportation, and unloading of soil and coal, as well as general surface mining activities, with an estimated duration of approximately 10 years. JARPL holds an 80% share, and Avinash Transport holds 20% in the consortium, with SEPC supporting execution across the mining operation's lifecycle.
This asset-light and capital-efficient structure enhances SEPC's revenue visibility and strengthens its mining portfolio, aligning with its focus on large-scale, long-duration projects. The company’s managing director, Venkataramani Jaiganesh, highlighted that this association reinforces SEPC's diversified order book and leverages its project management capabilities.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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