SPMLINFRABSESPML Infra LtdHighPositive
Announced Fri, 22 May · 11:07 IST

SPML Infra Ltd; wins Rs. 165.41 Cr Order to build 400 KV Grid sub station at Kota, Rajasthan

Order Above 5pct RevenueBusiness Updates View source PDF

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AI summary

SPML Infra Limited has secured a Rs. 165.41 Crore contract from Rajasthan Rajya Vidyut Prasaran Nigam Limited (RRVPNL) for the construction of a 400 kV Grid Substation and Transmission Infrastructure at Dahra in Kota, Rajasthan. The project involves supply, erection, testing, and commissioning of the substation including a 500 MVA autotransformer bay, shunt reactor bay, feeder bays, and associated civil, automation, and communication works. The contract is to be executed within 18 months and falls within the normal course of business, according to the company. This is a government-funded infrastructure order from a state-owned power utility.

Likely market impact

This Rs. 165.41 Crore order represents a meaningful addition to SPML Infra's order book and power sector portfolio, reinforcing the company's revenue visibility in the government infrastructure space over the next 18 months.