SPML Infra Secures Rs. 3165.41 Crore Order for 400 kV Grid Substation in Kota, Rajasthan
SPML Infra Limited, a leading infrastructure development company, has secured a significant contract valued at Rs. 3165.41 Crore. The agreement is with the Rajasthan Rajya Vidyut Prasaran Nigam Limited (RRVPNL) for the construction of a 400 kV Grid Substation and Transmission Infrastructure at Dahra, in Kota, Rajasthan. The project is slated for completion within a 24-month period.This substantial order strengthens the company's portfolio within the high-capacity advanced power substation and transmission sector. The successful bid highlights SPML Infra's growing involvement in critical power infrastructure development.
Scope of Work Details
The contract involves comprehensive work covering key electrical and civil components necessary for modernizing the regional power grid. The scope of work includes:| Component | Detail |
|---|---|
| Substation Supply | Supply, Erection, Testing, and Commissioning of 400 kV Grid Sub-Station at Dahra 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
The contract comes at a time when Rajasthan is positioned as a major hub for India's energy transition and boasts some of the largest renewable energy production capacity in the country. The upgradation of high-voltage grid infrastructure is vital for ensuring the reliable evacuation and transmission of power, accommodating both conventional and expanding renewable sources across the state.Abhinandan Sethi, Managing Director of SPML Infra Limited, stated that the order marks a major milestone in the company's commitment to enhancing India's power infrastructure. He emphasized that SPML Infra aims to be an execution partner that helps reshape the nation's energy landscape, leveraging over four decades of expertise.
Company Profile
The new contract adds significantly to SPML Infra's expanding power vertical, complementing its established business in Battery Energy Storage Systems (BESS). The company maintains a strategic focus on high-margin, government-funded infrastructure projects across its three core verticals: Water, Power, and Energy Storage.SPML Infra Limited is recognized as a distinguished infrastructure developer with a pan-India presence and over four decades of expertise. The company has successfully completed more than 700 projects, including critical drinking water facilities, wastewater treatment, integrated sewerage networks, municipal waste management, power transmission and distribution, substations, and smart city solutions. SPML is also acknowledged as a key player in water management, having contributed to providing clean drinking water to over 50 million people in urban and rural settings.
SPMLINFRA Stock Price Movement
Shares of SPML Infra Limited are edging higher to ₹205.21 as of 12:24 PM, gaining 2.70% in live trading. The stock shows robust investor interest, trading on a high volume of 350,627 shares during the current market session.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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