SPML Infra Wins Rs 3.85 Billion Water Project in Rajasthan

15 Jul 2025 CW Team

Shares of SPML Infra Ltd rose on Friday, 11 July, after the company announced it had secured a water production and supply system project worth approximately Rs 3.85 billion for the Kekri–Sarwar Sector Package-III in Ajmer, Rajasthan. According to the company’s exchange filing, the project has been awarded under the Central Government’s Jal Jeevan Mission and includes a 10-year operation and maintenance (O&M) contract.

Scope of the Project:

Water Treatment Facility: Installation of a 160 MLD water treatment plant in Kekri.
Storage Infrastructure: Construction of two clear water reservoirs with a combined capacity of 37.75 MLD.
Transmission Network: Laying and commissioning of a 58.675-kilometre pipeline network.
Technology Integration: Supply and installation of advanced pumping systems, instrumentation, SCADA systems, and associated electrical, mechanical, and civil works at the WTP Kekri pump house.
Infrastructure Development: Demolition of existing structures and construction of office buildings and J-2 quarters.
Smart Monitoring: Real-time operational control via an advanced SCADA system.
Long-term Operations: A 10-year comprehensive O&M contract for sustained system performance.

Subhash Sethi, Chairman of SPML Infra Ltd, stated, “The Kekri–Sarwar water supply project will significantly improve water security in Rajasthan and reflects our expertise in executing complex water infrastructure using advanced technology.”

Earlier in the week, SPML also announced the sanction of enhanced non-fund-based credit facilities totalling Rs 2.05 billion, which will support ongoing engineering, procurement, and construction activities.

At 11:15 am on Friday, 11 July, SPML shares were trading at Rs 280.6, up 2.49 per cent. The stock has gained 29.65 per cent over the past month.

Infrastructure Urban

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..