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SEPC bags LoI worth Rs 313.96 crore from TCIL

10 Feb 2026 Evaluate

SEPC has received a Letter of Intent (LOI) from Telecommunications Consultants India (TCIL), a Government of India enterprise, for the implementation of a Smart Prepaid Metering project in Punjab (Central Zone) under the Revamped Distribution Sector Scheme (RDSS). The project will be executed on a Design, Build, Finance, Own, Operate and Transfer (DBFOOT) basis in consortium with Adya Smart Metering, with a total project value of Rs 313.96 crore. It encompasses the design, deployment, integration, commissioning, and long-term operation and maintenance of advanced metering infrastructure for Punjab State Power Corporation (PSPCL), in accordance with the client’s tender and applicable scheme guidelines. Payments will be made on a back-to-back basis, linked to defined monthly, quarterly, and annual milestones during the post operational Go-Live phase.

SEPC provides end-to-end solutions to engineering challenges offering multi-disciplinary design, engineering, procurement, construction and project management services.

SEPC Share Price

5.86 -0.18 (-2.98%)
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Peers
Company Name CMP
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Kalpataru Projects 1366.60
Rail Vikas Nigam 228.00
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