We hereby inform the exchange of the receipt of Five Work Orders from M/s. Bajaj Energy Private Limited for a total value of Rs.180000000/- (Rupees One Hundred and Eighty Millions only). Detailed letter is enclosed.
SEPC · price
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Awaiting price reaction for this filing.
SEPC Limited has bagged five work orders from Bajaj Energy Private Limited for a total value of Rs. 18 crores (Rupees One Hundred and Eighty Millions). The scope covers Operation & Maintenance (O&M) services for Bajaj Energy's 2 x 45 MW power plants located at Barkhera Kalan, Maqsoodpur, Khambarkhera, Utraula and Kundarki in Uttar Pradesh. Each order carries a 12-month execution period and work has commenced from 14-05-2025. The order is from a domestic private sector client and is not a related party transaction. The company has disclosed the details as required under SEBI's Listing Regulations.
This is a positive development as it adds Rs. 18 crores to SEPC's order book and provides 12 months of revenue visibility. However, the size is relatively modest and the client is a private entity, so the immediate stock impact may be limited unless seen as part of a larger business momentum.