New Delhi: State-run MOIL Limited has awarded a major turnkey contract worth ₹230 crore to SEPC Limited for the design, construction and commissioning of the third vertical shaft at the Chikla Mine in Maharashtra. The contract was awarded through a global tender process, with SEPC emerging as the lowest bidder.
Project Scope and Order Value
The total order value includes ₹167.85 crore for the domestic scope of work and USD 36.52 lakh for imported plant and machinery. The project will be executed on a complete turnkey basis, covering engineering, civil construction, furnishing, installation of equipment and commissioning.
Boost to Mining Infrastructure
The new vertical shaft is expected to significantly strengthen mining infrastructure and improve operational efficiency at the Chikla Mine. The project underlines MOIL’s continued investment in modernising and expanding its mining operations.
Global Tender and Competitive Selection
SEPC Limited secured the order after emerging as the lowest bidder in a competitive global tender process, reflecting its cost efficiency and technical expertise in executing complex infrastructure projects.
About MOIL Limited
MOIL Limited is a government-owned Miniratna Central Public Sector Enterprise under the Ministry of Steel. The Government of India holds a majority stake of around 53.35%, along with participation from state governments. MOIL is India’s largest producer of manganese ore.
Strategic Significance for SEPC
The order further strengthens SEPC’s presence in the mining infrastructure segment, particularly in specialised vertical shaft construction. The turnkey nature of the project highlights the company’s integrated engineering and project execution capabilities, from design to commissioning.
About SEPC Limited
SEPC Limited is a leading Engineering, Procurement and Construction (EPC) company with a diversified presence across water and municipal services, roads, industrial infrastructure and mining. With a strong track record in executing complex turnkey projects, SEPC continues to expand its footprint in core infrastructure sectors while delivering end-to-end engineering solutions for public and private sector clients.
