Shares of SPML Infra Ltd rose 2% to the touch a day’s excessive of Rs 290 on eleventh July, after the corporate introduced it had received a Rs 385 crore water manufacturing and provide system mission for the Kekri-Sarwar Sector Bundle-III in Ajmer, Rajasthan.
The mission, awarded underneath the Centre’s Jal Jeevan Mission, features a 10-year operation and upkeep (O&M) contract. SPML Infra mentioned this in an alternate submitting.
Challenge Scope:
- Water Therapy: A 160 MLD plant might be arrange in Kekri.
- Storage: Two clear water reservoirs with a complete capability of 37.75 MLD.
- Transmission: A 58.675 km water pipeline might be laid and commissioned.
- Tech Integration: Set up of superior pumping methods, electrical and mechanical tools, and a SCADA system for automated monitoring on the Kekri plant.
- Infra Work: Demolition of outdated buildings and building of latest workplace buildings and employees quarters.
- Sensible Monitoring: The mission might be managed via a real-time SCADA system.
- Lengthy-Time period Service: A ten-year O&M contract to make sure easy functioning and sustainability.
Chairman Subhash Sethi mentioned the mission would enhance water safety in Rajasthan. It additionally highlights SPML’s means to ship superior water infrastructure.
Earlier this week, SPML Infra additionally obtained approval for enhanced credit score amenities price Rs 205 crore. That is to help its EPC initiatives.
At 3:10 PM, the shares of SPML Infra had been buying and selling 2.07% larger at Rs 279.44 on NSE.
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