SPML Infra Ltd has been developing critical infrastructure projects for water supply, power transmission & distribution and urban development. In a rich legacy of over four decades, the company has successively delivered more than 700 projects, thus providing clean drinking water facilities to over 50 million people, connecting more than 20,000 villages with electricity and installing high-capacity AIS and GIS substations across the country. Abhinandan Sethi, Managing Director, SPML Infra, shares more about the company’s projects and prospects. Please share the composition of your current projects and the key contracts being executed.Currently, SPML Infra is developing more than three dozen projects in the water and power sectors, out of which many of them are for drinking water supply under the flagship scheme of Jal Jeevan Mission (JJM) and AMRUT. The power transmission & distribution projects in Tripura are being funded by the World Bank. Among the notable projects under execution are SAUNI Yojana in Gujarat; a water supply project in Indore under AMRUT; a drinking water supply scheme under JJM in Karnataka, Maharashtra, Madhya Pradesh, Rajasthan and Uttar Pradesh; an irrigation project in Jharkhand; and power projects in Tripura, West Bengal and other states. How do the Government’s flagship water schemes like Jal Jeevan Mission and AMRUT 2.0 align with SPML Infra’s growth strategy and expertise in the water infrastructure sector?The Government is investing nearly Rs 9.5 trillion under the flagship schemes of JJM and AMRUT 2.0 to ensure clean drinking water and build sewerage and sanitation systems across the country. These initiatives are deeply aligned with SPML Infra’s long-term growth vision and core strengths. For more than four decades, SPML Infra has been delivering end-to-end water solutions, including water supply systems, treatment plants, distribution pipelines, sewage and effluent treatment facilities, sewerage networks, pumping stations and smart metering. With this strong experience and capability, we are well-placed to support the Government's vision and help ensure reliable drinking water access and modern water and wastewater infrastructure across India.We are ready to expand water networks, implement smart distribution systems, promote wastewater reuse and enhance water resource efficiency. With our proven execution record, technological innovation and focus on quality and sustainability, we are contributing to India’s water security goals while further strengthening our position as a trusted leader in the water infrastructure sector.As a complete end-to-end EPC solutions provider, what kind of equipment fleet and project management systems do SPML Infra rely on? Do you primarily use your own equipment or is it rented based on project needs?Our projects are spread across many states and to deliver them on time and within budget, SPML Infra maintains a strong fleet of construction equipment. We use our own machinery like excavators, loaders, batching plants, cranes, pipeline-laying machines, dewatering pumps, welding and testing tools, hydro-testing units, compactors and transport vehicles. Having our own equipment helps us manage cost, quality and schedules more effectively. We also follow a flexible approach. For special equipment needs or projects in remote areas, we rent machinery from trusted partners. This balanced model helps us scale quickly, stay cost-efficient and ensure we always have the right tools when needed.In addition, we use modern project management software and digital tools for planning, procurement, progress tracking, quality checks and safety monitoring. By combining strong on-ground resources with smart digital systems, SPML Infra can execute projects smoothly and deliver high-quality results across all EPC works.You recently secured an enhanced credit facility of Rs 505 crore. How does this help you to execute large EPC and O&M projects?SPML Infra has recently received approval from a leading public-sector bank to increase its credit facilities, including bank guarantee (BG) limits, from Rs 205 crore to Rs 505 crore. This non-fund-based facility will help us meet our project commitments more efficiently and support smooth execution of large EPC and infrastructure projects. The enhanced BG limits will be used for essential requirements like performance guarantees, bid security and advance payment guarantees, which are critical for timely project delivery and managing working capital needs.With this financial support, we are better positioned to take on bigger projects across various sectors, strengthen our operational capabilities and continue expanding our project portfolio. It also reinforces the confidence of our clients, suppliers, partners and stakeholders in SPML Infra’s long-term growth and reliability.SPML Infra has announced its entry into the battery energy storage sector through a partnership with US-based Energy Vault. What inspired this strategic move and how does it align with your long-term growth vision?Our decision to enter the battery energy storage systems (BESS) sector is closely aligned with India’s vision for clean energy infrastructure and the goal of building a Viksit Bharat by 2047. India is rapidly emerging as a global leader in clean energy adoption, supported by massive investments in renewable power generation. As renewable capacity grows, the demand for reliable energy storage systems becomes critical to ensure grid stability, support peak power requirements, enhance energy reliability and enable uninterrupted supply to industries and consumers.Our partnership with Energy Vault, USA, one of the world’s leading energy storage technology companies, provides us with access to advanced global technology and deep expertise in large-scale battery storage solutions. Entering the BESS sector is a natural extension of our long-term strategy to diversify into high-growth, future-ready infrastructure segments while remaining closely aligned with national priorities in clean energy and sustainability. Backed by our proven EPC execution capabilities, we aim to deliver scalable, efficient and cost-effective energy storage solutions. This strategic move strengthens our presence in emerging green technology sectors, enables us to support India’s clean energy transition, and creates new opportunities for value creation in the years ahead.Under your collaboration with Energy Vault, SPML will manufacture and supply BESS in India. Could you briefly share your plans for local manufacturing and technology transfer?Our partnership with Energy Vault marks a significant step toward developing advanced energy storage capabilities in India. Our state-of-the-art manufacturing facility is currently under construction in Pune and once operational, it will serve as a hub for assembling, integrating and delivering BESS for the Indian market.We are building a strong inhouse manufacturing infrastructure and training skilled technical teams. Energy Vault provides comprehensive technology transfer and engineering expertise to ensure that we meet global quality, safety and performance standards. Our efforts will help lower system costs, speed up project delivery and promote local innovation and technical expertise. With this initiative, SPML Infra is well-positioned to emerge as a major domestic player in long-duration energy storage.SPML Infra has long-standing expertise in power transmission and distribution. How are you leveraging this experience to support grid-level energy storage integration?SPML Infra’s extensive experience in power transmission, distribution and substation projects provides a strong foundation for supporting grid-level energy storage initiatives. Over the years, we have developed and modernised power networks, advanced substations and control systems – expertise that aligns directly with the technical requirements of BESS and other modern grid-support technologies.We are leveraging our deep understanding of grid design, load management and network stability to integrate advanced storage systems that balance supply and demand, enhance grid reliability and enable greater adoption of renewable energy. With robust engineering capabilities and strategic partnerships in energy-storage technology, we are well-positioned to deliver storage-enabled grid upgrades and smart energy solutions.SPML Infra is ready to play a key role in India’s clean-energy transition by helping build a flexible, resilient and future-ready power infrastructure. Energy storage is a natural extension of our strengths in the power sector and represents an important growth opportunity for us in the years ahead.