SPML Infra Secures Rs. 3165.41 Crore Contract to Build 400 kV Grid Sub-Station in Kota, Rajasthan
SPML Infra Limited, a major infrastructure development company, has secured a substantial contract worth Rs. 3165.41 Crore. The contract is with Rajasthan Rajya Vidyut Prasaran Nigam Limited (RRVPNL) for the construction of a 400 kV Grid Sub-Station and associated Transmission Infrastructure at Dahra, Kota, Rajasthan. The project is slated for completion over an 18-month period.The order reinforces the company's position in the high-capacity power substation and transmission sector, particularly as Rajasthan plays a critical role in India's energy transition and renewable energy generation.
Project Scope and Execution
The project mandates the comprehensive execution of advanced grid infrastructure at the Dahra location. The scope of work encompasses technical supply, erection, testing, and commissioning, covering several key components:| Component | Details |
|---|---|
| Sub-Station | Supply, Erection, Testing, and Commissioning of 400 kV Grid Sub-Station with one 500 MVA Autotransformer Bay |
| Reactor Bay | 420KkV, 1x125 MVAR Bus-type Shunt Reactor Bay |
| Feeder and Tie Bays | 2 nos. 400 kV Feeder Bays and 3 nos. 400 kV Tie Bays |
| Associated Works | All associated civil works, automation, and communication systems |
Strategic Significance for SPML Infra
This contract win significantly contributes to SPML Infra's expanding power vertical, complementing its existing Business Energy Storage Systems (BESS) business and solidifying its leadership in sustainable infrastructure development.The expansion is strategic, reflecting the company's focus on high-margin, government-funded infrastructure projects across its three core verticals: Water, Power, and Energy Storage.
Speaking on the achievement, Abhinandan Sethi, Managing Director of SPML Infra Limited, noted that the order from RRVPNL marks a major milestone in the company's commitment to building India's power infrastructure. He emphasized that SPML Infra brings decades of expertise and proven delivery capability to every project undertaken.
The company's success in securing this project underscores its role in enabling the reliable evacuation and transmission of power, vital for the rapidly expanding grid network across Rajasthan.
SPMLINFRA Stock Price Movement
Shares of SPML Infra Limited are rallying as of 11:12 AM, gaining 4.55% to reach ₹208.91. The equity trades on strong investor interest, registering a total volume of 229,127 shares during live market trading.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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