SPML Infra Secures Rs 5.05 billion Credit Boost to Accelerate Projects

03 Nov 2025 CW Team

SPML Infra, a leading infrastructure development company, has received an enhanced credit facility of Rs 5.05 billion from a leading public sector bank, up from the previous limit of Rs 2.05 billion. The facility, which includes bank guarantee (BG) limits, underscores SPML Infra’s financial credibility and strong operational record in the infrastructure sector.

The non-fund-based facility will support the company’s ongoing and upcoming infrastructure and EPC projects by meeting contractual and working capital requirements. The sanctioned BG limits will aid performance guarantees, bid securities, and advance payment guarantees—critical for timely and efficient project delivery.

Abhinandan Sethi, Managing Director, SPML Infra, said the financial support will enable the company to participate in larger projects across multiple sectors and further strengthen its project portfolio.

SPML Infra, with over four decades of expertise, has executed more than 700 projects across water, power, and environment sectors. Ranked among the world’s top 50 private water companies by Global Water Intelligence, SPML continues to drive sustainable growth and infrastructure excellence in India.

Infrastructure Transport

06 May 2026

Pune To Build Nine Km Link Road Between Highways

The Pune Municipal Corporation (PMC) has decided to appoint an expert to plan the development of a nine km long, 60 metre wide road from Khadi Machine chowk to Wadki chowk as an extension to the Katraj-Kondhwa road to link the Mumbai-Satara and Pune-Solapur national highways. The scheme is intended to divert heavy vehicle traffic away from the city and improve access between the two arterial routes. The project has been prioritised by the PMC and forms part of a larger set of schemes in which 19 roads have been identified for development at a combined cost of Rs 9.82 billion (bn) to address c..

Barabanki Bahraich Six Lane Highway Approved in Uttar Pradesh

The Uttar Pradesh government has approved construction of a new six-lane highway linking Barabanki and Bahraich as part of National Highway 927, and the cabinet has cleared the project. The alignment will pass through Mustafabad and Kaiserganj and extend for about 101.5 km, creating a key corridor for local and long-distance movement. The National Highways Authority of India will oversee the work and has signalled the scheme is intended to strengthen regional connectivity and cross-border access to Nepal. The project carries an estimated total cost of Rs 69,690 million, equivalent to Rs 69.69..

Toll At Kharegaon Likely As Highway Upgrade Nears Completion

A section of the highway at Kharegaon has undergone an upgrade and is approaching completion, and authorities have indicated plans for a toll to be introduced once works finish. The project has focused on strengthening the carriageway, improving drainage and upgrading intersections to enhance safety and capacity. Officials have said the toll will be used to recover construction costs and fund ongoing maintenance. The upgrade included resurfacing of the pavement, widening of certain stretches and installation of modern signage and lighting to reduce accident risk. Contractors completed most ma..