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.

Equipment

29 Nov 2025

Powering India’s Infra Future

Excon 2025, South Asia’s largest construction equipment exhibition, is set to return in a grand 13th edition from 9-13 December 2025 at the Bangalore International Exhibition Centre (BIEC), Bengaluru. Organised by the Confederation of Indian Industry (CII) and supported by the Indian Construction Equipment Manufacturers’ Association (ICEMA), the mega event is expected to reinforce its position as the premier marketplace for construction technologies, equipment and infrastructure solutions. The event will host over 1,250 exhibitors, including 160+ international participants, and attract mor..

India will be a strategic part of our growth to 2028

Smiley Monroe is strengthening its footprint in India as a key growth market for its conveyor belts and engineered components business. In this interaction, Prabhu Gopinath, Operations Director, outlines the company’s expansion roadmap, quality focus, and sustainability commitments driving future scale.Can you share Smiley Monroe's journey and its core mission?Smiley Monroe was started in Northern Ireland in 1979, supplying conveyor belts to local quarries. Since then, the company has grown to become a global leader in the supply of endless belts and CNC-cut rubber and plastic part..

Infra Engineers India Pvt Ltd Accelerates Hybrid Excavation

Infra Engineers India Pvt Ltd (IEPL), headquartered in Chennai, has emerged as a trusted name in the used construction equipment business for nearly a decade. What sets IEPL apart is its commitment to research and development, consistently pushing the boundaries of innovation to deliver cutting-edge solutions to the industry.A first-of-its-kind hybrid excavatorAmong IEPL’s most significant achievements is the development of the pioneering Dual Electric & Diesel Hybrid Excavator—the first of its kind in the construction equipment industry, a breakthrough that even major OEMs have yet to..