SPML Infra Share Price Soars After Securing ₹385 Crore Rajasthan Water Project – Full Project Breakdown Inside!

SPML Infra Share Price Surges on Project Win in Rajasthan

SPML Infra Ltd. experienced a notable increase in its share price on Friday, July 11, following the announcement of a significant infrastructure project win. The company secured a ₹385 Crore water production and supply system project for the Kekri-Sarwar Sector Package-III in Ajmer, Rajasthan.

By 11:15 am, SPML Infra's share price rose by 2.49%, trading at ₹280.6 apiece. Over the past month, the stock has delivered a 29.65% gain, reflecting growing investor confidence in the company's infrastructure portfolio.

Major Project Secured Under Jal Jeevan Mission

In a recent exchange filing, SPML Infra announced that it has been awarded a large-scale water infrastructure project under the Central Government's Jal Jeevan Mission. The comprehensive scope of the project highlights the company's expanding capabilities in delivering critical public infrastructure.

Key Project Highlights:

• Project Value: ₹385 Crore
• Location: Kekri-Sarwar Sector Package-III, Ajmer, Rajasthan
• Duration: Includes a 10-year Operation & Maintenance (O&M) contract
• Awarding Authority: Central Government under Jal Jeevan Mission

Scope of the Rajasthan Water Project

Water Treatment Plants

• Construction of a 160 MLD (Million Litres per Day) Water Treatment Plant at Kekri.

Storage Infrastructure

• Development of 2 clear water reservoirs.
• Combined storage capacity of 37.75 MLD.

Transmission Network

• Laying and commissioning of a 58.675 km pipeline network.
• Includes jointing, testing, and complete installation.

Technology & Systems Integration

• Installation of advanced pumping systems.
• Associated electrical & mechanical equipment, instrumentation, and SCADA systems.
• Civil works for the WTP Kekri pump house.

Infrastructure Development

• Demolition of old structures.
• Construction of new office buildings and J-2 quarters at the site.

Smart Monitoring

• Real-time system monitoring through an advanced SCADA platform for efficient operations.

Long-Term Operations

• Includes a 10-year O&M contract to ensure sustained performance and reliability.

Company Details and Recent Developments

SPML Infra Ltd. continues to solidify its position in the infrastructure space, particularly in the water supply and management sector.

Recent Financial Support:

• Recently secured enhanced non-fund-based credit facilities worth ₹205 Crore.
• This financial boost is set to strengthen its capacity to deliver large-scale EPC (Engineering, Procurement, and Construction) projects.

These developments underscore SPML Infra's growth trajectory and technical prowess in executing complex water infrastructure projects.

Summary

SPML Infra share price saw a noticeable boost after the company clinched a ₹385 Crore water supply project in Rajasthan. The extensive project under the Jal Jeevan Mission encompasses critical infrastructure, including treatment plants, reservoirs, pipelines, and intelligent monitoring systems. The stock has gained over 29% in the last month, backed by robust project wins and enhanced credit support. SPML Infra continues to demonstrate its capability to handle large-scale infrastructure mandates, further strengthening its presence in India's water management sector.