Newsletter
SEPC shares gained over 12% after the company entered a ₹3,300 crore mining consortium project.
SEPC plans, buys materials for, and builds water and road projects, plus other industrial plants, and helps run the work end-to-end.
Quick flex: this project is worth more than the company itself on the stock market, close to ₹2,000 crore.
Here’s the deal: the company signed a Memorandum Of Understanding (MoU) with Jai Ambey Roadlines and Avinash Transport, teaming up as the JARPL-AT consortium, to run a mining job from South Eastern Coalfields.
The work covers digging, loading, hauling and dumping soil and coal, plus surface mining. For SEPC, this strengthens their mining portfolio and further reinforces the company’s orderbook.
Big theme: India’s power engine is massive and still coal-led. As the world’s third-largest electricity generator and consumer, India had 454.4 GW of installed capacity as of October 31, 2024.
Coal contributes over 55% of total commercial energy and nearly 70% of electricity generation, so keeping coal flowing is non-negotiable. SEPC’s mining job adds excavation-and-transport capacity, helping move more coal reliably from pit to plant, reducing supply bottlenecks and supporting steady generation during demand peaks.
