2 Sep, 2014
SPML Infra hits the roof on new order win
5 IST on BSE after the company said it has received new orders worth Rs 1232.30
crore. The announcement was made during market hours today, 2 September 2014.
A combined 3,953 shares changed hands and there are pending buy orders for 34,717
shares on NSE and BSE at 1340 hours.
“The two orders (5B and 5C) received from UP Jal Nigam worth Rs 1,002 crore is for
augmenting drinking water supply for Agra city with laying of 128 kilometers of water
pipeline. The Rs 230 crore order from Sardar Sarovar Narmada Nigam Ltd.,
Gandhinagar is for infrastructure development for hydro generating units at Kutchh,
Gujarat”, SPML Infra said in a statement.
The scope of Agra project work under contract 5C includes supply and construction of
2800 mm diameter mild steel conveyance main of 32 kilometers. This project is
executed with foreign aid from Japan International Cooperation Agency (JICA). SPML
will be executing this project with its JV partner, Megha Engineering Infrastructure
Limited.
The Gujarat order is for construction of three hydro power plants with combined
capacity of 23 MW in Kutchh. The scope of work includes civil, electrical and mechanical
construction with design, engineering, testing and commissioning of three small hydro
power projects with 5 years of operations & maintenance. SPML will execute this
project in partnership with Om Metals Infraprojects Limited, it added.