SPML Infra, a leading Indian infrastructure development company, has secured enhanced credit facilities worth Rs 2.05 billion from a major Public Sector Undertaking (PSU) bank. The sanction, primarily in the form of non-fund-based instruments such as Bank Guarantees (BGs), underscores the company’s financial credibility and operational resilience.

The facility is expected to significantly boost SPML Infra’s execution capabilities across water, power, and civil infrastructure segments. It will support the issuance of performance guarantees, bid securities, and advance payment guarantees—essential tools for the smooth and timely execution of Engineering, Procurement, and Construction (EPC) contracts.

The enhanced financial support positions the company to pursue larger-scale projects and further strengthen stakeholder confidence.

Chairman Subhash Sethi noted that the credit facility will not only augment SPML’s operational capacity but also enable the company to broaden its project pipeline and reinforce its industry standing.