SPML Infra wins ₹344.64 Crore order for Water Infrastructure Project under AMRUT Scheme in Chennai

SPML Infra Limited (NSE:SPMLINFRA, BSE:500402), SPML Infra Limited, India's leading infrastructure development company, is pleased to announce that it has been awarded a significant contract valued at ₹344.64 crore (USD 38.04 million) by the Chennai Metropolitan Water Supply and Sewerage Board (CMWSSB) for the "Implementation of Continuous Water Supply for Pallipatu WDS & Thiruvanmiyur WDS under Area XIII of Chennai City under Hybrid Annuity Model (HAM)." The order is awarded to the consortium comprising SPML Infra Limited, JWIL Infra Limited, and Vishnusurya Projects & Infra Private Limited.

The project aims to deliver a modern, resilient, and efficiently managed 24×7 water supply system for two key Water Distribution Stations (WDSs) in Chennai. It reinforces Tamil Nadu's commitment to urban infrastructure development under the AMRUT scheme. The project reflects our proven excellence in executing complex water infrastructure projects and delivering sustainable long-term operations and maintenance solutions.

Major Components of the Project

The water infrastructure project encompasses the following key responsibilities:

- End to end engineering, design, and construction of continuous pressurised water supply systems for Pallipatu and Thiruvanmiyur WDS under Area XIII.

- Commissioning of upgraded network infrastructure under DBFOT norms.

- Transform the prevailing intermittent water supply system to continuous pressurized water supply system.

- Reduce non-revenue water to less than 20%, sustain and further reduce during the contract period.

- Project construction within 2 years.

- Long term O&M for 15 years post commissioning.

Mr. Abhinandan Sethi, Managing Director, SPML Infra Limited, commented: "We are honoured to be entrusted with a project of such strategic importance for the city of Chennai. This award reaffirms SPML Infra's commitment to enabling sustainable water infrastructure across India. Our consortium combines deep technical expertise and longterm operational capabilities, and we look forward to delivering a worldclass continuous water supply system that will significantly enhance service reliability for almost half a million people."

He added: "This project aligns perfectly with our mission of strengthening essential urban services through innovative delivery models such as HAM. We look forward to collaborating closely with CMWSSB and our consortium partners to ensure timely execution and exemplary asset performance throughout the concession period."

Shares of SPML Infra Limited was last trading in BSE at Rs. 187.85 as compared to the previous close of Rs. 186.70. The total number of shares traded during the day was 20094 in over 415 trades.

The stock hit an intraday high of Rs. 192.15 and intraday low of 184.80. The net turnover during the day was Rs. 3780664.00.

Source : Equity Bulls

Keywords

SPMLInfra INE937A01023 OrderWin Chennai AMRUTScheme