SEPC Limited has received a Letter of Acceptance (LoA) from Steel Authority of India Limited (SAIL) – IISCO Steel Plant (ISP), Burnpur for two separate contracts as part of the 4.08 MTPA Crude Steel Expansion Project of SAIL-ISP Burnpur.
Contract Details
Contract 1: Coke Oven BOP
- Nature of Work: Coke Oven Balance of Plant excluding Civil & Structural works (Package COB-3)
- Contract Value: ₹296,77,12,664 (Rupees Two Hundred Ninety Six Crore Seventy Seven Lakh Twelve Thousand Six Hundred Sixty Four Only) - Net of Input Tax Credit
- LoA Date: June 11, 2026 at 10:48 PM
- Execution Timeline: 30 months from the effective date of contract
- Effective Date: The date of signing of Contract or 30 days from the date of Letter of Acceptance (LoA), whichever is earlier
Contract 2: Sinter Plant BOP
- Nature of Work: Sinter Plant Balance of Plant including Civil & Structural works (Sinter Package-2)
- Contract Value: ₹376,55,75,841 (Rupees Three Hundred Seventy Six Crore Fifty Five Lakh Seventy Five Thousand Eight Hundred Forty-One Only) - Net of Input Tax Credit
- LoA Date: June 11, 2026 at 10:24 PM
- Execution Timeline: 33 months from the effective date of contract
- Effective Date: The date of signing of Contract or 30 days from the date of Letter of Acceptance (LoA), whichever is earlier
Total Contract Value
Combined value of both contracts: ₹673.32 Crores (Rupees Six Hundred Seventy-Three Crores and Thirty-Two Lakhs only)
Counterparty Information
- Awarding Entity: Steel Authority of India Limited - IISCO Steel Plant (ISP), Burnpur
- Entity Type: Domestic
- No promoter/promoter group/group company interest in the entity awarding the contract
- Does not fall within related party transactions