SEPC Ltd Clinches Rs 72.5 Crore Mining Project with Hindustan Copper Ltd Amid Successful Settlement | Business
Summary
SEPC Ltd, an engineering, procurement, and construction firm, has resolved a dispute with Hindustan Copper Ltd and secured a Rs 72.5 crore mining project. The resolution includes a full and final settlement payment of Rs 30.45 crore to SEPC, closing all arbitration matters between the companies. Hindustan Copper Ltd has issued a supplementary work order for the ongoing vertical shaft sinking project, increasing the project’s overall value. This deal reinforces SEPC Ltd’s position as a leading EPC partner in the mining infrastructure sector, demonstrating its expertise in large-scale infrastructure projects nationwide.
(Source:Devdiscourse)