SPMLINFRANSESPML Infra Limited· ConstructionHighPositive
Announced Fri, 11 Jul · 08:12 IST

SPML Infra Limited has informed the Exchange regarding a press release dated July 11, 2025, titled "SPML Infra wins Rs. 385 Crore Order for water Infrastructure Project in Rajasthan under Jal Jeevan Mission".

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

SPML Infra Limited has been awarded a Rs. 385 crore project for the Water Production & Supply System for the Kekri-Sarwar Sector Package-III in Ajmer, Rajasthan. The project is part of the Government of India's flagship Jal Jeevan Mission and includes a 10-year Operation & Maintenance (O&M) contract. Key components include a 160 MLD Water Treatment Plant, 58.675 km of MS pipeline as a rising main, clear water reservoirs with 37.75 MLD combined capacity, and SCADA-based smart monitoring. The scheme will draw water from Bisalpur Dam to strengthen water supply in the Kekri-Sarwar region. SPML Infra is a leading Indian water infrastructure company with a pan-India presence and over 700 executed projects.

Likely market impact

This is a meaningful new order that bolsters SPML's order book in its core water infrastructure segment. The bundled 10-year O&M contract provides long-term recurring revenue visibility, which is a positive for shareholders and reflects the company's credibility in winning government-backed projects.