SPML Infra Limited has informed the Exchange regarding a press release dated August 19, 2025, titled "SPML Infra secures Rs. 1,073 Crore Order for Water Supply Project under Amrut 2.0 for Indore City".
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SPML Infra has been awarded a Rs. 1,073 Crore (inclusive of GST) contract by Indore Municipal Corporation to augment the city's water supply system under the central government's AMRUT 2.0 initiative. The project includes construction of a 1,650 MLD raw water intake, a 400 MLD water treatment plant, 22 km of large-diameter transmission pipeline, and a 132/33 kV substation. The EPC work is to be completed in 30 months, followed by a 10-year operation and maintenance (O&M) contract with built-in escalation provisions. The project aims to provide reliable drinking water to Indore's 2 million-plus residents. SPML Infra has previously executed over 700 projects and is ranked among the world's top 50 private water companies.
This is a significant order win that meaningfully strengthens SPML Infra's order book and provides long-term revenue visibility through the 10-year O&M component. The project reinforces the company's position in India's water infrastructure space and is likely to be viewed positively by the market, though execution risk over the 30-month EPC timeline remains.