By Chaitanya
BBA Finance Graduate & 6+ Years of Experience in Stock Market & Finance
SPML Infra Limited, a prominent mid-cap listed company specialising in water infrastructure, witnessed a significant uplift in its share price, climbing over 4% recently. This positive movement follows the company’s announcement of securing a substantial ₹1,073 crore contract from the Indore Municipal Corporation. This major project, falling under the ambitious AMRUT 2.0 (Atal Mission for Rejuvenation and Urban Transformation) initiative, highlights SPML Infra’s growing presence in India’s critical water management sector.
Key Figures Underpinning SPML Infra’s Growth
The company’s robust order book and extensive experience are evident from various key figures. Here’s a snapshot of the crucial data points related to SPML Infra’s operations and recent successes:
| Numeric Data / Figures | Details |
|---|---|
| ₹3,000 crore | Order book size mentioned as multibagger infrastructure stock valuation |
| ₹1,073 crore (₹10.73 billion) | Value of water supply project contract awarded to SPML Infra for Indore under AMRUT 2.0 |
| 1,650 MLD | Capacity of raw water intake structure to be constructed in Indore project |
| 400 MLD | Capacity of Water Treatment Plant (WTP) with advanced technology for Indore project |
| 22 kilometres | Length of pipeline (1,200 mm – 2,337 mm diameter) for pumping & transmission in Indore project |
| 132/33 kV | Voltage of integrated electric substation to be established for supporting water supply operations |
| 10 years | Operation & Maintenance (O&M) contract period included in Indore water supply project |
| 50 million people | Number of people receiving drinking water facilities through SPML Infra’s infrastructure projects |
| ₹385 crore | Contract secured by SPML Infra for water infrastructure project in Rajasthan under Jal Jeevan Mission (July 2025) |
| 43 years | SPML Infra’s industry experience since 1981 |
| Over 700 | Number of projects executed by SPML Infra Ltd across India |
| ₹6.47 lakh crore | Government of India’s outlay for piped drinking water to all households in urban and rural India |
Indore’s Water Future Secured with SPML Infra
The newly awarded SPML Infra Water Project in Indore is a comprehensive initiative designed to bolster the city’s water supply system significantly. This project includes several critical components, ensuring efficient water collection, treatment, and distribution:
| Project Component | Description / Specs |
|---|---|
| Intake & Raw Water Pumping | Construction of state-of-the-art intake with 1,650 MLD capacity and raw water pump house |
| Water Treatment Plant (WTP) | Modern 400 MLD WTP equipped with advanced technology meeting stringent quality standards |
| Pumping & Transmission | Development of clear water booster pumping stations, pumping mains, and 22 km pipeline (diameter: 1,200 mm – 2,337 mm) |
| Electric Substation | Integrated 132/33 kV power substation to support water supply operations |
| O&M Contract | Comprehensive 10-year operation and maintenance contract ensuring optimal system performance |
The project’s scope also encompasses the construction of a state-of-the-art raw water intake structure with a substantial capacity of 1,650 MLD. A modern Water Treatment Plant (WTP) with a capacity of 400 MLD, equipped with advanced technology, will ensure water meets stringent quality standards. Furthermore, the development includes 22 kilometres of large-diameter pipelines (ranging from 1,200 mm to 2,337 mm) for efficient pumping and transmission, along with clear water booster pumping stations. An integrated 132/33 kV electric substation will provide the necessary power support for the entire operation. Crucially, the contract also includes a comprehensive 10-year Operation and Maintenance (O&M) period, promising optimal system performance and sustainability.
SPML Infra: A Legacy of Water Infrastructure Excellence
Established in 1981, SPML Infra boasts over 43 years of industry experience and has successfully executed more than 700 projects across India. The company operates on various models, including EPC (Engineering, Procurement, and Construction), PPP (Public-Private Partnership), and BOOT (Build-Own-Operate-Transfer). Through its extensive work, SPML Infra currently provides drinking water facilities to over 50 million people across multiple Indian states, reflecting its significant national impact.
Beyond the Indore triumph, SPML Infra continues to expand its project portfolio. In July 2025, the company secured another noteworthy contract valued at ₹385 crore for a water infrastructure project in Ajmer, Rajasthan, under the Government of India’s flagship Jal Jeevan Mission. This continuous stream of projects underscores the company’s strong capabilities and reliability in the sector. SPML Infra’s commitment to quality is affirmed by its ISO 9001:2015, 14001:2015, and 45001:2018 certifications. Their consistent performance has also earned them accolades, including the India Build Infra Awards 2025 for “Water Project of the Year” and the EPC World Awards 2023 for urban infrastructure.
Government’s Ambitious Water Vision
SPML Infra’s recent successes are strongly aligned with the Indian government’s monumental efforts to ensure universal access to piped drinking water. The Ministry of Housing and Urban Affairs, along with other key ministries, has spearheaded initiatives like AMRUT 2.0 and the Jal Jeevan Mission. As per Government of India data, a staggering outlay of ₹6.47 lakh crore has been allocated to provide piped drinking water to all urban and rural households combined with enhanced water resource management initiatives. This massive governmental thrust creates a fertile ground for companies like SPML Infra, ensuring a sustained demand for their specialized services and promising continued sector growth.
Recent Developments & Outlook
The latest news surrounding SPML Infra paints a positive picture for the company and its role in national development:
- August 19, 2025: SPML Infra’s share price rose over 4% after securing the ₹1,073 crore AMRUT 2.0 water supply project in Indore, including a 10-year O&M contract.
- August 19, 2025: The Indore water supply project includes a 1,650 MLD intake and a 400 MLD water treatment plant.
- July 10, 2025: SPML Infra secured a ₹385 crore contract to execute a water infrastructure project in Ajmer, Rajasthan under the Government of India’s Jal Jeevan Mission.
- 2025: The company continues to receive recognition with awards such as India Build Infra Awards 2025 (Water Project of the Year).
The landmark SPML Infra Water Project win in Indore, along with other significant projects and a robust order book, firmly positions the company as a leader in India’s burgeoning water infrastructure sector. As the nation intensifies its focus on providing clean and accessible drinking water to all, SPML Infra’s expertise and experience will undoubtedly play a crucial role, making it a company to watch in the infrastructure segment.
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