Engineering solutions provider SEPC Ltd on Tuesday (December 9) said its joint venture with Furlong has received a letter of award valued at ₹86 crore for an aviation infrastructure project at Bihta Airport, Patna.
The contract has been awarded by JSC IA Vozrozhdenie India Private Ltd for the development of a new civil enclave. The scope of the project includes engineering, procurement and construction work for a new integrated terminal building, construction of a utility building and associated structures,
and execution of an elevated road.
The project also covers electro-mechanical works and the installation of airport systems, IT systems and security systems. In addition, the contract includes comprehensive maintenance and operational support as part of the project deliverables. SEPC stated that the order strengthens its EPC order book through the SEPC-Furlong joint venture.
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Venkataramani Jaiganesh, Managing Director of SEPC Ltd, said, "We are pleased to receive this award for the Bihta civil enclave project, which further strengthens our presence in India's aviation infrastructure segment. This is a strategically important win that aligns with our growth roadmap of expanding into high-scale and high-complexity EPC domains.”
He added: “With our expanding footprint across India and selected global markets, SEPC is well-positioned to deliver technically robust, compliant, and operationally sustainable infrastructure solutions. We look forward to executing this project with quality, safety, and timely delivery as our core priorities."
Shares of SEPC Ltd ended at ₹8.97, up by ₹0.050, or 0.56%, on the BSE today, December 9.
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