SEPC-Furlong JV Bags ₹86 Cr Airport Order: Infrastructure Boost Ignites!

SEPC Limited announced its unincorporated joint operation, SEPC-Furlong JV, received a Letter of Award valued at ₹86 crore for civil enclave works at Bihta Airport, Patna. The project aligns with Bihar's aviation infrastructure push, enhancing regional connectivity via new terminal and allied facilities.​

This follows recent EPC wins like ₹650 crore from Parmeshi Urja, signaling robust order inflows for SEPC's water, power, and infra segments. The JV leverages complementary strengths in engineering and execution, targeting timely delivery amid government capex surge post-RBI rate cuts.​

Shares reacted positively in early trade, reflecting investor optimism on earnings accretion from steady project pipelines.​

Key Highlights

Contract: ₹86 cr LOA for Bihta Airport civil enclave development​

JV: SEPC-Furlong unincorporated partnership​

Location: Bihta Airport, Patna – Bihar aviation hub expansion​

Context: Builds on ₹650 cr prior EPC award​

Impact: Strengthens order book; infra capex tailwinds​

Sources: Business Upturn, Hindu BusinessLine, MarketScreener