SPML Infra JV bags Rs 207cr PHED Rajasthan project; shares up 8%

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Moneycontrol•08-12-2025, 09:22
SPML Infra JV bags Rs 207cr PHED Rajasthan project; shares up 8%
- •SPML Infra shares gained 8% after its joint venture won a Rs 207.38 crore order.
- •The contract was awarded by the Public Health Engineering Department (PHED), Jhalawar, Rajasthan.
- •The project, under the Jal Jeevan Mission, aims to strengthen water supply infrastructure in Kota & Bundi regions.
- •It involves comprehensive construction, operation, and 10 years of maintenance for the Nonera Water Supply Project.
- •Key components include 3 intake wells, 3 water treatment plants (118 MLD), 3 reservoirs, and 52.6 km of pipelines with PLC/SCADA systems.
Why It Matters: New contract enhances Rajasthan's water supply, benefiting many residents.
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