SPML Infra secures Rs 186.41 crore Power Grid transmission order
SPMLINFRA · price
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SPML Infra secured a domestic EPC order worth Rs 186.41 crore from Power Grid Corporation of India for extending transmission infrastructure at the Bhadla-III and Ramgarh substations. The work is expected to be completed within 27 months from the letter of award, which the company said is still awaited.
The order improves revenue visibility and could support the stock, but execution and margins remain uncertain until the formal award.