Latest news with #SPMLInfra
&w=3840&q=100)
Business Standard
3 days ago
- Business
- Business Standard
₹385-cr order win lifts SPML Infra share price 6% today; key details inside
SPML Infra share price: SPML Infra share price was buzzing in trade in a weak market on Friday, July 11, 2025, with the scrip rising as much as 5.62 per cent to hit an intraday high of ₹289.95 per share. At 1:35 PM, SPML Infra shares were off day's high, but continued to trade 2.02 per cent higher at ₹280.05 per share. In comparison, BSE Sensex was trading 0.79 per cent lower at 82,529.39 levels. Why did SPML Infra share price rise in trade today? SPML Infra share price soared today after the company announced that it has bagged a project worth ₹385 crore for the water production and supply system for Kekri-Sarwar Sector Package-III in Ajmer, Rajasthan. The company said it had secured the project under the Government of India's flagship Jal Jeevan Mission. The contract includes a long-term 10-year operation and maintenance (O&M) component, aimed at ensuring the system's sustained performance over the coming decade. The initiative is part of the broader Kekri Water Supply Scheme, which focuses on upgrading and enhancing the water infrastructure in the Kekri-Sarwar region by drawing water from the Bisalpur Dam. Subhash Sethi, chairman of SPML Infra said, "We are honoured to be selected for this prestigious project under the Jal Jeevan Mission. This new project represents not just a business milestone for SPML Infra, but also our commitment to supporting the Government's vision of providing safe and clean drinking water to every household in India.' Sethi added, 'The Kekri-Sarwar water supply project will significantly enhance water security for the people of Rajasthan and demonstrates our capability to execute complex water infrastructure projects with cutting-edge technology. This project exemplifies our integrated approach to water infrastructure development, combining advanced technology, efficient distribution systems, and long-term operational excellence. With the 10-year O&M contract, we are committed to ensuring the system's optimal performance throughout its operational life.' The project entails the construction of a 160 MLD Water Treatment Plant at Kekri, two clear water reservoirs with a combined capacity of 37.75 MLD, and nearly 59 kilometres of MS pipeline to create a robust water transmission network. It also involves the integration of advanced pumping systems, SCADA-based monitoring for real-time control, and associated civil infrastructure including new office buildings and residential quarters. According to the company, this large-scale project will considerably boost the region's water supply capabilities and support the government's mission to provide safe drinking water to every household in the country. About SPML Infra SPML Infra is an infrastructure development company with over 40 years of experience spanning the power, water, environment, and technology sectors. With a strong pan-India footprint, SPML has successfully delivered more than 700 projects, shaping vital infrastructure such as drinking water supply systems, wastewater treatment facilities, integrated sewerage networks, municipal waste management, power transmission and distribution systems, substations, rural electrification, and smart city initiatives. As India's leading water management company, SPML has played a pivotal role in delivering clean drinking water to over 50 million people across both urban and rural regions. The company is ranked 14th among the World's Top 50 Private Water Companies by Global Water Intelligence (GWI), London, and is recognised as one of India's Top 10 Infrastructure Companies. The market capitalisation of SPML Infra is ₹1,994.76 crore, according to BSE.
Business Upturn
3 days ago
- Business
- Business Upturn
SPML Infra shares jump 3% after company wins Rs 385 crore water infrastructure project in Rajasthan
By Aman Shukla Published on July 11, 2025, 10:25 IST SPML Infra shares climbed 3% after the company secured a ₹385 crore project under the Government of India's flagship Jal Jeevan Mission. As of 10:24 AM, the shares were trading 2.12% higher at Rs 279.58. The contract involves developing the Water Production and Supply System for the Kekri-Sarwar Sector Package-III in Ajmer, Rajasthan. This project is aimed at significantly improving rural water infrastructure and includes a 10-year Operation & Maintenance commitment. Funded by the Jal Jeevan Mission, the initiative will supply clean drinking water to every household in the Kekri-Sarwar region. Water will be sourced from the Bisalpur Dam and delivered via newly constructed infrastructure, including a 160 MLD Water Treatment Plant and two Clear Water Reservoirs with a total storage capacity of 37.75 MLD. A 58.675-km MS pipeline will connect the system to Nasirabad, strengthening the region's transmission network. SPML Infra will implement advanced pumping systems, SCADA-based monitoring, and supporting civil infrastructure to ensure efficient operations. This win reinforces the company's leadership in water infrastructure and aligns with the government's goal of delivering reliable water supply across rural India. Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information. Ahmedabad Plane Crash 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
Business Standard
3 days ago
- Business
- Business Standard
SPML Infra gains after securing Rs 385 crore jal jeevan mission contract
SPML Infra added 1.55% to Rs 278.75 after the company secured an Rs 385 crore contract under the Government of India's Jal Jeevan Mission. The project pertains to the Water Production & Supply System for the Kekri-Sarwar Sector Package-III in Ajmer, Rajasthan. It also includes a 10-year operation and maintenance (O&M) component, ensuring long-term engagement for the company. The Kekri Water Supply Scheme aims to upgrade and strengthen water supply infrastructure in the Kekri-Sarwar region, drawing water from the Bisalpur Dam. The project is expected to significantly enhance water production and distribution capabilities across the Ajmer district, supporting the government's goal of ensuring safe drinking water for every rural household. The comprehensive water infrastructure project is designed to significantly enhance regional water supply and management capabilities through a suite of strategically planned components. At the heart of the project is the establishment of a 160 MLD state-of-the-art Water Treatment Plant (WTP) at Kekri, engineered to meet stringent water quality standards and ensure safe potable water supply. Supporting this facility are two Clear Water Reservoirs (CWRs) with a total capacity of 37.75 MLDcomprising a 20 MLD reservoir at the Kekri WTP campus and a 17.75 MLD reservoir at the Intermediate Pumping Station (IPS) in Nasirabad. These reservoirs will play a critical role in maintaining a steady and reliable distribution system. To ensure efficient water conveyance, the project includes the laying and commissioning of a 58.675-kilometre Mild Steel (MS) pipeline, forming a Rising Main from the WTP in Kekri to the IPS in Nasirabad. This transmission network has been designed for resilience and long-term performance. A major highlight of the project is the integration of advanced technology, including the installation of high-capacity pumping systems, associated electrical and mechanical equipment, instrumentation, and a centralized SCADA system at the Kekri pump house. These systems will facilitate automated, real-time monitoring and operational control for improved efficiency and reduced downtime. The project also addresses infrastructure development, which includes the demolition of outdated structures and the construction of new office buildings and J-2 residential quarters, enhancing both operational and administrative capabilities on-site. To ensure sustained performance, the entire scheme will be backed by a comprehensive 10-year Operation and Maintenance (O&M) contract, guaranteeing long-term reliability and optimized functionality. Subhash Sethi, Chairman of SPML Infra, commented: "We are honoured to be selected for this prestigious project under the Jal Jeevan Mission. This new project represents not just a business milestone for SPML Infra, but also our commitment to supporting the Government's vision of providing safe and clean drinking water to every household in India. The Kekri-Sarwar water supply project will significantly enhance water security for the people of Rajasthan and demonstrates our capability to execute complex water infrastructure projects with cutting-edge technology. This project exemplifies our integrated approach to water infrastructure development, combining advanced technology, efficient distribution systems, and long-term operational excellence. With the 10-year O&M contract, we are committed to ensuring the system's optimal performance throughout its operational life. SPML Infra is engaged in the business of infrastructure development, which inter alia includes water management, water infrastructure development, wastewater treatment, power generation, transmission and distribution, solid waste management, and other civil infrastructure. The company reported consolidated net profit of Rs 12.01 crore in Q4 FY25 as against net loss of Rs 8.87 crore posted in Q4 FY24. Net sales tanked 59% year on year to Rs 189.03 crore in Q4 FY25.
Business Standard
3 days ago
- Business
- Business Standard
SPML Infra bags Rs 385 cr project under Jal Jeevan Mission
For Kekri-Sarwar Sector Package-III in Ajmer, Rajasthan SPML Infra has been awarded a prestigious Rs. 385 crore project for the Water Production & Supply System for Kekri-Sarwar Sector Package-III in Ajmer, Rajasthan. The project, awarded under the Government of India's flagship Jal Jeevan Mission, includes a comprehensive 10-year Operation and Maintenance (O&M) contract. The Kekri Water Supply Scheme to be implemented under the Jal Jeevan Mission aims to upgrade and strengthen the water supply infrastructure for the Kekri-Sarwar region, while also enhancing the water production and distribution system in Ajmer district, drawing water from the Bisalpur Dam. This significant infrastructure development project will enhance water supply capabilities in the region and contribute to the Government's mission of ensuring safe drinking water for every household in the country.
Business Upturn
3 days ago
- Business
- Business Upturn
SPML Infra bags Rs 385 crore water infrastructure project in Rajasthan
SPML Infra Limited, one of India's top water infrastructure companies, has secured a major project worth ₹385 crore under the Government of India's flagship Jal Jeevan Mission. This ambitious project, known as the Water Production and Supply System for the Kekri-Sarwar Sector Package-III in Ajmer, Rajasthan, is a critical step towards enhancing rural water infrastructure. It also includes a 10-year Operation and Maintenance contract, ensuring the long-term sustainability and efficiency of the system. The Kekri Water Supply Scheme, funded under the Jal Jeevan Mission, aims to provide safe and reliable drinking water to every household in the Kekri-Sarwar region. This initiative will upgrade the existing water supply framework by drawing water from the Bisalpur Dam and channeling it through newly built infrastructure, significantly improving water availability in Ajmer district. Advertisement Central to this project is the development of a high-capacity 160 MLD Water Treatment Plant at Kekri, which will meet stringent quality standards. The project also includes the construction of two major Clear Water Reservoirs with a combined storage capacity of 37.75 MLD, ensuring uninterrupted water supply. A 58.675-kilometer-long MS pipeline will be laid to connect the treatment plant to Nasirabad, forming a resilient transmission network. To boost operational control, SPML Infra will integrate advanced pumping systems, electrical and mechanical equipment, and a full SCADA monitoring system for real-time management. In addition, civil infrastructure work such as new office buildings and staff quarters will be developed to support smooth project execution and operations. This project not only underlines SPML Infra's leadership in water infrastructure but also plays a vital role in supporting the Indian government's mission to deliver clean drinking water across rural India. Through modern engineering and long-term maintenance, the initiative is set to transform the water landscape of the Kekri-Sarwar region and enhance the quality of life for thousands of residents.
