SEPC-Furlong JV Secures ₹521.46 Cr EPC Sub-contract from Shalimar Corp
SEPC-Furlong JV has signed an EPC Sub-contract with Shalimar Corp Limited for a project in Uttar Pradesh. The contract value is ₹521.46 crore on a lump-sum turnkey basis.
The contract value of ₹521.46 crore is substantial and is expected to positively impact the company's revenue and order book.
The company secured a significant new order, which is a positive development for its business.
SEPC Limited has announced that its unincorporated joint operation, SEPC-Furlong JV, has entered into an EPC Sub-contract with M/s. Shalimar Corp Limited (SCL).
The contract is for the "Widening / Upgradation to four lane configuration of Shahjahanpur – Bisalpur section in Uttar Pradesh".
The LOA (Letter of Award) received by the JV is for a total lump-sum turnkey consideration of ₹521.46 crore.
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