SPML Infra wins Rs. 165.41 Crore Order to build 400 Kv Grid substation at Kota, Rajasthan
SPMLINFRA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
SPML Infra Limited has secured a Rs. 165.41 Crore contract from Rajasthan Rajya Vidyut Prasaran Nigam Limited (RRVPNL), a state government utility, 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 24 months and falls within the company's normal course of business. The company describes this as strengthening its portfolio in the high-capacity power substation and transmission sector, complementing its existing BESS (Battery Energy Storage System) business and sustainable infrastructure operations.
This order win represents positive business development for SPML Infra, adding a substantial contract to its power vertical pipeline. It involves a government counterparty, providing revenue visibility over the 24-month execution period, and aligns with India's energy transition and grid expansion drive in Rajasthan.