We hereby inform the exchange of the receipt of work allocation order for "Jamaniyan to Kakrait Gangajal Uvah Irrigation Scheme" from Generation, Water Resources Department, Delhi for a total value of Rs. 4427.99 Millions. Detailed Letter is enclosed.
SEPC · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
SEPC Limited has received a work allocation order valued at Rs. 442.99 crores (Rs. 4,427.99 Millions) from the Water Resources Department, Government of Delhi. The project is the Jamaniyan to Kakrait Gangajal Uvah Irrigation Scheme. This adds to SEPC's order book as an EPC (engineering and construction) contractor for government infrastructure projects. The order is significant in size relative to SEPC's typical revenue base.
Positive for the stock in the short term as it strengthens the company's order book and provides revenue visibility over the project execution period. This confirms SEPC's continued ability to win government infrastructure contracts, though execution timelines and margin disclosures should be watched closely.