SPML Infra wins projects worth Rs 721 cr in Gujarat, Bihar
Two orders worth Rs 721 crore are bagged by Infrastructure development company SPML from Bhavnagar Irrigation Project Division, Gujarat, and South Bihar Power Distribution Company, Patna.
The company informed in a statement, in Gujarat SPML Infra has received an Rs 594-crore order for developing infrastructure for water supply to Bhavnagar along with a Rs 127-crore order in Bihar for strengthening, improvement and augmentation of the electricity distribution system in 11 towns of the State.
It added the Gujarat project that has been initiated by the State Government to divert surplus overflowing flood waters of the Narmada River to allocated Saurashtra region was part of the Saurashtra Narmada Avtaran Irrigation Yojana.
Narmada river’s surplus flood waters will be brought to Dholidhaja Dam near Surendra Nagar and will be circulated to 115 reservoirs in seven districts of Saurashtra by a 1,115-km long, four link canals, benefiting 10, 22, 589 acres of land.
It said, “The scope of this project includes laying of 40.75 km of MS pipeline of 3,000 mm diameter, apart from pumping stations. SPML will also be responsible for 66 KV outdoor type substations with all allied works and operations and maintenance for 10 years after the commissioning.”
From Bihar Rs 127-crore order is for review, network design, installation, erection, testing, commissioning, including performance test of all the equipment supplied under the supply contract for augmenting power distribution in Sultanganj, Baka, Naugachiya, Munger, Sheikhpura, Barbigha, Jamalpur, Lakhisarai, Jhajha, Barhiya and Jamui.
Rishabh Sethi, Chief Operating Officer, SPL Infra said ,that they are pleased for SPML Infra which has become the only Indian water management company to be listed in world’s top 50 private water management companies. They have executed almost 600 projects, over the last three decades.
From its previous close on the BSE at 1330 hrs, the shares of the company were trading at Rs 34.80 apiece, up 9.95 per cent.
Source: Business Line
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