Rs 4,500 crore order book: Water infrastructure development company wins Rs 1,438 crore order to transform water access in Rajasthan

SPML Infra Ltd has secured a significant project valued at Rs 1,438 Crore (USD 163 Million) in a joint venture with JWIL Infra Limited, with SPML holding a 51% share. The contract, awarded by the Public Health Engineering Department (PHED), Bharatpur, Rajasthan, is a part of the Jal Jeevan Mission (JJM). This initiative is designed to greatly improve water access and supply infrastructure for over 1.5 million residents in the Dholpur and Saipau blocks of the region.

The project scope is extensive, covering all aspects from water sourcing to delivery. It involves the construction of two large raw water reservoirs (RWR) on the Chambal River, with capacities of 10 and 12 million cubic meters. The plan also includes laying a vast pipeline network spanning 712 kilometres and building 21 Elevated Service Reservoirs (ESR). Additionally, the project will feature new pumping stations and two Water Treatment Plants (WTPs), one with a capacity of 135 MLD at RWR-2 and a smaller 5 MLD plant in Dholpur. The final stage involves providing Functional Household Tap Connections (FHTCs) to homes in the designated areas.

The project is structured with a clear timeline. The engineering, procurement, and construction (EPC) phase is set to be completed within 20 months. This will be followed by a one-year defect liability period. After these initial phases, SPML Infra will be responsible for the project's operation and maintenance for a period of 10 years, ensuring the long-term efficiency and reliability of the new water supply system for the local communities.

About SPML Infra Ltd.:

SPML Infra Limited (CIN: L40106WB1981PLC276372) is a distinguished infrastructure development company with over four decades of expertise across power, water, environment, and technology sectors. With a pan-India presence, SPML has successfully executed over 700 projects, creating critical infrastructure, including drinking water facilities, wastewater treatment, integrated sewerage networks, municipal waste management, power transmission & distribution, substations, rural electrification, and smart city solutions. As India's leading water management company, SPML has contributed immensely to providing clean drinking water to over 50 million people across urban and rural areas.

The company has a market cap of over Rs 2,000 crore and the order book stands at Rs 4,500 crore as of June 30, 2025. The stock has given multibagger returns of 120 per cent from its 52-week low of Rs 137 per share.

Disclaimer: The article is for informational purposes only and not investment advice.