SEPC stock zooms nearly 14% on entering ₹3,300 crore coal mining consortium project; all you need to know

At around 1 pm, the stock was trading 9.87% higher at ₹10.02 per equity share.

In a regulatory filing, the company stated that it executed a memorandum of understanding (MoU) on December 14, with Jai Ambey Roadlines Private Limited and Avinash Transport, who together form the JARPL–AT Consortium, for a mining project awarded by South Eastern Coalfields Limited (SECL).

The firm announced its association with the JARPL–AT Consortium in connection with the Rampur Batura Opencast Coal Mine Project located in the Sohagpur Area, District Shahdol, Madhya Pradesh, it added.

Under the agreement, SEPC Limited’s role is structured to support execution across the lifecycle of the mining operation.

The scope of the project, which has an estimated tenure of about ten years, includes the supply of materials, the supply and deployment of machinery and manpower, project management and consultancy services, and other associated services.

According to the company, the engagement marks SEPC’s participation in a large-scale, long-duration mining project, which strengthens its mining portfolio.

The project follows an asset-light and capital-efficient structure, enabling the firm to participate in a high-value contract while maintaining disciplined capital deployment, it stated.

Commenting on the order, Venkataramani Jaiganesh, Managing Director of SEPC, said: “This association strengthens our mining portfolio and further reinforces our strong and diversified order book. It aligns with our focus on long-term projects that offer scale, revenue visibility, and execution certainty. The structured nature of the engagement allows us to participate efficiently while leveraging our project management and execution capabilities.”

Other key development

In a separate regulatory filing dated December 11, the EPC company stated that it settled a dispute with Hindustan Copper Ltd and bagged a ₹72.5 crore mining project from the state-owned firm.

SEPC, which has a diversified presence across sectors such as water and municipal services, industrial infrastructure, and mining, will receive ₹30.45 crore as a full and final settlement, marking the closure of all pending arbitration matters between the two companies.

"SEPC Ltd...announced the successful execution of a settlement deed with Hindustan Copper Ltd (HCL), concluding all inter-se claims and counterclaims arising from the arbitration proceedings," it said.

The company said that HCL confirmed the issuance of a supplementary work order worth ₹72.5 crore related to the ongoing vertical shaft sinking project.

SEPC has a total market capitalisation of ₹1,898.37 crore, as of December 15, 2025, according to data on the NSE.