SEPC Strikes Gold: ₹326.3 Million Order Fuels ADNOC Project Momentum

SEPC Ltd, a leading Indian Engineering, Procurement, and Construction (EPC) company, has been awarded a major international contract valued at approximately ₹326.3 million (₹32.63 crore) for engineering services on multiple ADNOC (Abu Dhabi National Oil Company) projects. This win underscores SEPC’s expanding global footprint and strengthens its position in the Middle East infrastructure and energy markets.

 

Contract Details

The contract for AED 13.5 million (approx. ₹32.63 crore) from Avenir International Engineers and Consultants LLC, Abu Dhabi, involves SEPC providing engineering services across various ADNOC projects. Execution timelines will be provided by the awarding entity, marking strategic international collaboration.

 

Company Expertise

SEPC Ltd brings diversified expertise in water management, industrial infrastructure, roads, and mining sectors. This project complements its diverse portfolio and enhances its capacity to deliver complex projects overseas.

 

Recent Order Momentum

The Abu Dhabi contract follows SEPC’s recent ₹442.8 crore domestic contract in Bihar for an irrigation scheme, highlighting growth both domestically and internationally.

 

Market Impact

This international order not only boosts SEPC’s order book but also bolsters investor confidence as reflected by a positive uptick in the company’s stock. The contract is significant for SEPC’s strategic push into the Middle Eastern markets.

 

Conclusion

The ₹326.3 million ADNOC contract solidifies SEPC Ltd’s expanding international presence and reflects confidence in its engineering capabilities on a global stage. The order signals a promising growth trajectory for SEPC as it taps into the lucrative Middle Eastern infrastructure market while maintaining momentum in India.

 

Sources The Tribune India, ANI News, Capital Market, ScanX Trade, Motilal Oswal Reports, Dion Global Solutions, Business Upturn, HT Syndication, Findoc News