Latest news with #SEPC
Time of India
13-06-2025
- Business
- Time of India
‘India can be global green credit hub'
Lucknow: Sarojininagar MLA Rajeshwar Singh delivered an address at the National Conclave on Environmental Services & Environmental Musketeers Awards 2025 in New Delhi on Friday. The event was organised by the Services Export Promotion Council (SEPC) under the Ministry of Commerce & Industry. Speaking before a high-level gathering of policy experts, green entrepreneurs, and govt officials, Singh underscored the urgent need for intergenerational climate justice, calling climate action both a moral and constitutional duty. Citing alarming statistics — such as the risk of extinction facing over one million species — he warned of irreversible ecological damage unless urgent systemic reforms are undertaken. Singh highlighted India's untapped $1 billion carbon credit potential, noting that sectors like afforestation, EV infrastructure, and sustainable agriculture remain underutilised. "If leveraged correctly, India can emerge as a global green credit hub and drive SDG-aligned economic growth," he said. He called for policy reforms, improved verification mechanisms, and the integration of green credits into national frameworks. Advocating for a climate-ready workforce, Singh also stressed the need for green skilling programs to align India's youth with the demands of a low-carbon economy. Follow more information on Air India plane crash in Ahmedabad here . Get real-time live updates on rescue operations and check full list of passengers onboard AI 171 .
Mint
13-06-2025
- Business
- Mint
SEPC share price slumps over 7% amid profit booking. What lies ahead?
SEPC share price fell more than 7% during Friday's trading amid a generally weak market. The company has attracted attention over the last few sessions because of new order wins and the announcement of a Rights issue. On Thursday, SEPC share price had rallied almost 10%. Rajesh Bhosale, Equity Technical and Derivative Analyst at Angel One said that SEPC share price is in a consolidation phase, with 12 acting as support and 16 acting as resistance. In the last few sessions, SEPC share price has seen some resistance at higher levels and heavy volumes on the news of the rights issue. Overall, the stock is placed at strong support of the 200-week moving average, and above 16, we may see strong traction. SEPC share price today opened at ₹ 14.10 apiece on the BSE, the stock touched an intraday high of ₹ 14.11 per share, and an intraday low of ₹ 13.18 apiece. Recently, SEPC entered the green energy sector by securing a substantial work order valued at ₹ 650 crore from Parmeshi Urja Ltd, located in Kolkata, West Bengal. This project represents a crucial advancement in enhancing SEPC's footprint in India's renewable energy market. Additionally, the engineering solutions provider has obtained a ₹ 650-crore contract to establish solar capacities amounting to 133 MW in Maharashtra. The company has received a letter of award from Parmeshi Urja Ltd, Kolkata, for EPC solar power initiatives across 26 sites in four districts of Maharashtra, it stated in a release.
The Print
12-06-2025
- Business
- The Print
SEPC bags Rs 650-cr solar EPC project in Maharashtra
New Delhi, Jun 12 (PTI) Engineering solutions provider SEPC on Thursday said it has bagged a Rs 650-crore order to set up solar capacities totalling 133 MW in Maharashtra. The company has received a letter of award from Parmeshi Urja Ltd, Kolkata, for EPC solar power projects at 26 locations in four districts of Maharashtra, it said in a statement.
Business Standard
12-06-2025
- Business
- Business Standard
SEPC bags solar power project of Rs 650 cr
SEPC has received a Letter of Award for an EPC Contract worth Rs 650 crore from Parmeshi Urja, Kolkata. (a subsidiary of India Power Corporation, Kolkata). The contract involves the Design, Engineering, Supply, Installation, Testing, and Commissioning (EPC) of a 133 MW Solar Power Project, including all associated civil and structural works. It will span four districts in MaharashtraSambhaji Nagar, Dhule, Solapur, and Nandedand is being implemented under the PM-KUSUM Yojana, a flagship initiative of the Government of India promoting solar energy for agricultural and rural development. The execution timeline is expected to range between 12 to 18 months from the start of the project. This significant order represents a strategic milestone for SEPC, marking its re-entry into India's rapidly growing renewable energy sector, building on its past experience in Wind Energy, Biomass power and Thermal power. This nearly doubles its domestic order book.
Business Upturn
12-06-2025
- Business
- Business Upturn
SEPC secures Rs 650 crore solar EPC contract from Parmeshi Urja
By Aman Shukla Published on June 12, 2025, 15:55 IST SEPC Limited (NSE: SEPC | BSE: 532945), a leading player in the Engineering, Procurement, and Construction (EPC) space, has been awarded a prestigious contract worth ₹650 crore by Parmeshi Urja Ltd, a Kolkata-based subsidiary of India Power Corporation Limited. The project entails the full EPC scope — including Design, Engineering, Supply, Installation, Testing, and Commissioning — of a 133 MW Solar Power Project. The solar infrastructure will be spread across four key districts in Maharashtra: Sambhaji Nagar, Dhule, Solapur, and Nanded. This green energy initiative falls under the Government of India's PM-KUSUM Yojana, which aims to boost solar adoption for agricultural and rural development. With an estimated execution timeline of 12 to 18 months, the project is a strategic leap for SEPC, marking its return to the renewable energy sector. The company, known for its past projects in Wind, Biomass, and Thermal power, is poised to deliver high-quality, large-scale infrastructure solutions. This major order almost doubles SEPC's domestic order book and strengthens its portfolio across the renewable energy domain. It also reinforces SEPC's commitment to supporting India's clean energy mission and showcases its expertise in executing technically complex infrastructure projects across multiple regions. Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
