SPML Infra Secures Rs 5.05 billion Credit Boost to Accelerate Projects
ECONOMY & POLICY

SPML Infra Secures Rs 5.05 billion Credit Boost to Accelerate Projects

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.

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.

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