SEPC Limited has executed a Memorandum of Understanding (MOU) for a significant ₹3,300 crore mining consortium project, marking a major business development for the infrastructure company. The company disclosed this material event under Regulation 30 of SEBI (LODR) Regulations, 2015, while also reporting strong financial performance in H1 FY26.

Project Partnership and Structure

SEPC Limited executed the MOU on December 14, 2025, with M/s Jai Ambey Roadlines Private Limited (JARPL) and M/s Avinash Transport (AT), who have formed a consortium under the name JARPL-AT Consortium. The project has been awarded by South Eastern Coalfields Limited (SECL) for the Rampur Batura Opencast Coal Mine Project.

Project Scope and Services

The comprehensive project scope encompasses multiple aspects of mining operations. SEPC Limited's role is structured to support execution across the lifecycle of the mining operation through an asset-light and capital-efficient structure.

Strong Financial Performance in H1 FY26

SEPC Limited reported robust financial performance in H1 FY26, demonstrating significant improvement in execution and margin profile. The company achieved strong operational results that position it well for continued growth.

Notably, the net profit achieved in the first half of FY26 has already surpassed the full-year net profit of FY25, indicating significant improvement in execution capabilities and operational efficiency.

Strategic Significance and Management Commentary

According to Mr. Venkataramani Jaiganesh, Managing Director of SEPC Limited, this association strengthens the company's mining portfolio and reinforces its strong and diversified order book. The engagement aligns with the company's focus on long-term projects that offer scale, revenue visibility, and execution certainty.

The structured nature of the engagement allows SEPC to participate efficiently while leveraging its project management and execution capabilities. This participation in the mining consortium project represents a significant addition to the company's project portfolio in the infrastructure development sector.

SEPC Limited has secured a major aviation infrastructure contract through a joint venture arrangement, marking a significant milestone for the company's business expansion.

Project Details

The company-led joint venture has won the aviation infrastructure project at Bihta Airport in Patna, with the contract valued at ₹86 crores. This represents a substantial addition to the company's order book and demonstrates its competitive positioning in the infrastructure development sector.

Strategic Significance

This contract win highlights SEPC Limited's expertise in aviation infrastructure development and its ability to successfully compete for large-scale projects. The Bihta Airport project adds to the company's portfolio in the infrastructure sector, particularly in aviation-related developments.

The joint venture structure for this project demonstrates the company's strategic approach to leveraging partnerships for major infrastructure undertakings. This collaboration model allows for resource optimization and risk sharing while maintaining project leadership.

Business Impact

The ₹86 crore contract represents a significant business development for SEPC Limited, contributing to its revenue pipeline and reinforcing its market presence in infrastructure development. The project's location in Patna also indicates the company's geographic expansion capabilities across different regions in India.

This aviation infrastructure project at Bihta Airport positions SEPC Limited as a capable player in the specialized aviation infrastructure segment, which requires specific technical expertise and regulatory compliance capabilities.