SEPC Limited Enters ₹3,300 Crore Mining Consortium Project in Madhya Pradesh

SEPC Limited has announced its participation in a large-scale mining project valued at approximately ₹3,300 crore (including GST), marking a significant development for the company. The project involves SEPC’s strategic entry into a consortium undertaking a long-term coal mining contract in Madhya Pradesh.

Consortium Formation and Agreement

The entry into this project was formalised through a Memorandum of Understanding (MoU) executed on December 14, 2025. SEPC Limited signed the MoU with Jai Ambey Roadlines Private Limited (JARPL) and Avinash Transport (AT), who together have formed the JARPL-AT Consortium.

Under the consortium structure, Jai Ambey Roadlines Pvt Ltd holds an 80% stake, while Avinash Transport holds the remaining 20%. SEPC Limited joins the consortium as a strategic partner, strengthening the project’s technical and operational capabilities.

Project Scope and Key Details

The contract has been awarded by South Eastern Coalfields Limited (SECL) and is classified as a domestic mining contract.

The project, known as the Rampur Batura Opencast Coal Mine Project, is located in the Sohagpur Area of Shahdol district, Madhya Pradesh. The scope of work includes comprehensive mining operations such as excavation, loading, transportation, and unloading of soil and coal, along with other surface mining activities.

Long-Term Execution Timeline

The contract carries an execution period of 3,652 days, translating to nearly 10 years from the date of commencement. This long-term tenure provides revenue visibility and operational continuity for the consortium.

Regulatory Disclosure

Given the size and expected business impact of the project, SEPC Limited has classified this development as a material event. Accordingly, the company has made the required disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.