{"id":82201,"date":"2026-02-10T15:21:32","date_gmt":"2026-02-10T09:51:32","guid":{"rendered":"https:\/\/newswireindia.in\/index.php\/2026\/02\/10\/sepc-limited-to-execute-inr-314-crore-smart-prepaid-metering-project-in-punjab-under-rdss\/"},"modified":"2026-02-10T15:21:32","modified_gmt":"2026-02-10T09:51:32","slug":"sepc-limited-to-execute-inr-314-crore-smart-prepaid-metering-project-in-punjab-under-rdss","status":"publish","type":"post","link":"https:\/\/newswireindia.in\/index.php\/2026\/02\/10\/sepc-limited-to-execute-inr-314-crore-smart-prepaid-metering-project-in-punjab-under-rdss\/","title":{"rendered":"SEPC Limited to Execute INR 314 Crore Smart Prepaid Metering Project in Punjab under RDSS"},"content":{"rendered":"<div>\n<p><strong><span data-sheets-root=\"1\">Mumbai (Maharashtra) [India], February 10: <\/span>SEPC Limited (NSE: SEPC | BSE: 532945),\u00a0<\/strong>one of India\u2019s leading Engineering, Procurement and Construction (EPC) companies with a diversified presence across Water &amp; Municipal Services, Roads, Industrial Infrastructure, and Mining, has received a\u00a0<strong>Letter of Intent (LOI)<\/strong>\u00a0from\u00a0<strong>Telecommunications Consultants India Limited (TCIL)<\/strong>, a Government of India enterprise, for the implementation of a\u00a0<strong>Smart Prepaid Metering project in Punjab (Central Zone)<\/strong>\u00a0under the\u00a0<strong>Revamped Distribution Sector Scheme (RDSS)<\/strong>.<\/p>\n<p><strong>Project Scope and Structure<\/strong><\/p>\n<p>The project will be executed on a\u00a0<strong>Design, Build, Finance, Own, Operate and Transfer (DBFOOT)<\/strong>\u00a0basis in consortium with\u00a0<strong>Adya Smart Metering Private Limited, with a total project value of\u00a0<\/strong><strong>\u20b9<\/strong><strong>313.96 crore.<\/strong>\u00a0It encompasses the design, deployment, integration, commissioning, and long-term operation and maintenance of advanced metering infrastructure for\u00a0<strong>Punjab State Power Corporation Limited (PSPCL)<\/strong>, in accordance with the client\u2019s tender and applicable scheme guidelines. Payments will be made on a\u00a0<strong>back-to-back basis<\/strong>, linked to defined monthly, quarterly, and annual milestones during the post-operational Go-Live phase.<\/p>\n<p><strong>Strategic Outlook<\/strong><\/p>\n<p>The LOI strengthens\u00a0<strong>SEPC\u2019s order momentum<\/strong>\u00a0and expands its presence in\u00a0<strong>power distribution and metering infrastructure<\/strong>. The BOOT model improves long-term revenue visibility, while sustained public sector investment in power reforms and digital infrastructure supports growth. With a diversified portfolio and rising exposure to annuity-based projects, SEPC remains well positioned to benefit from favourable industry tailwinds.<\/p>\n<p>Commenting on the order win Mr. Venkataramani Jaiganesh, Managing Director of SEPC Limited, said:<\/p>\n<p>\u201cThis order reflects the continued confidence of our clients in SEPC\u2019s execution capabilities across complex infrastructure projects. Smart metering is a key pillar of power distribution reforms in India, and this project allows us to further expand our presence in this segment. The DBFOOT structure also aligns well with our strategy of building long-term, annuity-linked revenue streams, while maintaining a disciplined approach to risk and capital deployment.\u201d<\/p>\n<p><em>If you object to the content of this press release, please notify us at pr.error.rectification@gmail.com. We will respond and rectify the situation within 24 hours.<\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Mumbai (Maharashtra) [India], February 10: SEPC Limited (NSE: SEPC | BSE: 532945),\u00a0one of India\u2019s leading Engineering, Procurement and Construction (EPC) companies with a diversified presence across Water &amp; Municipal Services, Roads, Industrial Infrastructure, and Mining, has received a\u00a0Letter of Intent (LOI)\u00a0from\u00a0Telecommunications Consultants India Limited (TCIL), a Government of India enterprise, for the implementation of a\u00a0Smart [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":82202,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[3],"class_list":["post-82201","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-business"],"_links":{"self":[{"href":"https:\/\/newswireindia.in\/index.php\/wp-json\/wp\/v2\/posts\/82201","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newswireindia.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newswireindia.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newswireindia.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newswireindia.in\/index.php\/wp-json\/wp\/v2\/comments?post=82201"}],"version-history":[{"count":0,"href":"https:\/\/newswireindia.in\/index.php\/wp-json\/wp\/v2\/posts\/82201\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newswireindia.in\/index.php\/wp-json\/wp\/v2\/media\/82202"}],"wp:attachment":[{"href":"https:\/\/newswireindia.in\/index.php\/wp-json\/wp\/v2\/media?parent=82201"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newswireindia.in\/index.php\/wp-json\/wp\/v2\/categories?post=82201"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newswireindia.in\/index.php\/wp-json\/wp\/v2\/tags?post=82201"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}