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Moneycontrol08-12-2025, 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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