Burnpur: Steel Authority of India Limited has awarded a major contract worth ₹673.32 crore to SEPC Limited for the 4.08 MTPA crude steel expansion project at the IISCO Steel Plant. The project marks a significant step in strengthening India’s steel production capacity and industrial infrastructure.
The contract was announced on 15 June 2026 in Chennai and is expected to enhance SEPC’s presence in the engineering, procurement, and construction (EPC) sector.
Major Expansion Project at IISCO Steel Plant
The order is part of SAIL’s ongoing capacity expansion programme at its Burnpur-based steel plant. The overall project aims to boost crude steel production to 4.08 million tonnes per annum (MTPA).
The contract involves execution of key infrastructure packages essential for steel production efficiency and modernization.
Two Key Packages Awarded to SEPC
The ₹673.32 crore contract includes two major components:
- Coke Oven Balance of Plant (COB-3) Package
- Excluding civil and structural works
- Valued at ₹296.77 crore
- Sinter Plant Balance of Plant (SP-2) Package
- Includes civil and structural works
- Valued at ₹376.56 crore
Together, these packages form a critical part of SAIL’s integrated steel expansion strategy.
Project Execution Timeline of 30–33 Months
SEPC Limited stated that the project will be executed over a period of 30 to 33 months, ensuring long-term revenue visibility and strengthening its project pipeline.
The company emphasized that the order reflects its capability to handle complex large-scale industrial projects within India’s growing infrastructure sector.
SEPC Highlights Strong Order Book Growth Opportunity
SEPC Managing Director Venkataramani Jaiganesh said the contract is a significant milestone for the company and reflects strong confidence from leading public sector enterprises.
He noted that:
- India’s steel sector is expanding due to infrastructure growth
- Manufacturing demand is rising steadily
- Long-term industrial capacity expansion is underway
He added that the project positions SEPC to play a key role in India’s ongoing industrial transformation while improving future revenue stability.
Boost to India’s Steel Industry Expansion Drive
The project aligns with India’s broader push to increase domestic steel production capacity and modernise existing plants. The expansion at Burnpur is expected to improve operational efficiency and support long-term industrial demand.
The awarding of the ₹673.32 crore contract to SEPC Limited by Steel Authority of India Limited marks a major development in India’s steel infrastructure expansion. With a strong execution timeline and critical plant upgrades at IISCO Steel Plant, the project is set to strengthen both companies’ roles in India’s industrial growth journey.
About SAIL
Steel Authority of India Limited (SAIL) is one of India’s largest state-owned steel-making companies and a Maharatna PSU under the Government of India. It operates integrated steel plants across the country and plays a key role in supplying steel for infrastructure, construction, and industrial development projects nationwide.
