SEPC Limited has announced that its unincorporated joint operation, SEPC-Furlong JV, has secured a major project valued at ₹86 crore for the development of the New Civil Enclave at Bihta Airport in Bihar. The company shared the update in a regulatory filing under Regulation 30 of SEBI’s Listing Obligations and Disclosure Requirements, highlighting the significance of this new work order.
According to the company, the Letter of Award formally appoints SEPC-Furlong JV as the service provider for the upcoming civil enclave project at Bihta. This development marks an important milestone for SEPC as it continues to strengthen its project execution portfolio across India’s growing aviation infrastructure sector.
The awarded work will be governed entirely by the terms and conditions laid out in the forthcoming Service Agreement, which SEPC stated will be shared with the joint venture in due course. While specific project timelines and scope details will be clarified in the agreement, the order itself reflects the increasing pace of infrastructure expansion at Bihta, which is expected to evolve into a key aviation hub for Bihar.
