SPML Infra Limited has bagged a prestigious ₹1,073 crore project (including GST) from the Indore Municipal Corporation under the AMRUT 2.0 mission, aimed at making Indian cities water secure and self-reliant.
The project also includes a 10-year Operation & Maintenance (O&M) contract, ensuring long-term efficiency and sustainability.
The project is designed to significantly improve Indore’s water supply for over 2 million residents. Key components include:
The Engineering, Procurement, and Construction (EPC) portion of the project is expected to be completed within 30 months, including rainy seasons. The 10-year O&M contract ensures sustained performance with structured escalation provisions.
Mr. Subhash Sethi, Chairman of SPML Infra Limited, stated, “We are proud to be entrusted with this important project by Indore Municipal Corporation under AMRUT 2.0. Indore is amongst India’s cleanest cities, and this new water infrastructure will further enhance the quality of life for its residents. The scope of this project is truly unique, placing SPML Infra among a handful of companies worldwide with the capability to design and deliver such an integrated water infrastructure system.”
He further added, “This project demonstrates SPML Infra’s expertise in delivering large-scale, technologically advanced water supply systems, while ensuring sustainable operations through our long-term O&M commitment. Our / SPML Engineering Life continued partnership with state governments and municipal bodies reflects our strong commitment to developing critical water infrastructure that not only supports India’s growth and development but also contributes to the vision of Viksit Bharat.”
On August 19, 2025, SPML Infra share price (NSE: SPMLINFRA) opened at ₹307.90, touching the day’s high at ₹309.90, as of 10:46 AM on the NSE.
Also Read: SPML Infra Secures ₹385 Crore Water Supply Project in Rajasthan!
This landmark project is a step towards sustainable urban development, enhancing Indore’s water infrastructure while ensuring uninterrupted access to safe drinking water. It reinforces SPML Infra’s expertise in executing large-scale urban infrastructure projects.
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Published on: Aug 19, 2025, 11:54 AM IST
Nikitha Devi
Nikitha is a content creator with 7+ years of experience in the financial domain. Specialising in personal finance, investments, and market insights, Nikitha simplifies complex financial topics, making them accessible to readers.
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