Trackpad

SPML Infra Taps ₹1,438-Cr. Jal Jeevan Mission Project, Expands into Energy Storage for Next Leg of Growth 

SPML Infra Ltd. is building on its strong growth momentum with a new ₹1,438-crore project win under the Jal Jeevan Mission, executed in partnership with JWIL Infra, where it holds a 51 per cent share. This latest addition takes the company’s consolidated Order Book to around ₹4,500 crore, providing clear revenue visibility for the coming years. 

The project, which includes a 10-year operation and maintenance (O&M) component, ensures a steady stream of long-term cash flows and reinforces SPML Infra’s position as a leading player in sustainable water infrastructure. It also reflects the company’s execution capabilities in delivering large-scale, mission-critical projects across India. 

Cochin Shipyard Secures Mega Order for Six LNG-Fuelled Feeder Vessels 

Cochin Shipyard Ltd (CSL) announced on October 14, 2025, that it has received a ‘Mega’ order from a prominent European client for the design and Construction of six LNG-fuelled feeder container vessels. Each vessel will have an approximate capacity of 1,700 TEU (twenty-foot equivalent units) and will run on liquefied natural gas (LNG), reflecting CSL’s growing focus on clean energy maritime solutions. The Letter of Intent (LOI) for the project was signed on October 14, 2025, and the formal shipbuilding contract outlining detailed techno-commercial terms will be executed in due course. 

CSL has categorised this as a ‘Mega’ order, which, as per the company’s internal classification, denotes a contract valued above ₹2,000 crore. Cochin Shipyard Ltd (CSL) is a leading player in the construction of all kinds of vessels, repairs and refits of all types of vessels, including periodic upgradation and life extension of ships. The company has a total market cap of ₹46,959 crore as of October 14, 2025, and it has a healthy order book of ₹21,100 crore (₹19,600 crore shipbuilding, ₹1,500 crore ship repair). 

Saatvik Green Energy Group Secures Orders Worth Over ₹689 Crore for Solar PV Module Supply 

Saatvik Green Energy Limited (formerly Saatvik Green Energy Private Limited), a Saatvik Group company, announced on October 14, 2025, that it has secured orders aggregating to ₹689.47 crore for the supply of Solar PV Modules. Of the total value, the company’s material subsidiary, Saatvik Solar Industries Private Limited, received major orders worth ₹638.85 crore from three Independent Power Producers (IPPs) and EPC firms. These contracts, domestic and recurring in nature, are scheduled for execution by June 2026. Meanwhile, Saatvik Green Energy Limited directly secured additional Solar PV Module supply contracts worth ₹50.62 crore, also from IPPs/EPC firms, to be executed by November 2025. As of October 14, Saatvik Green Energy Ltd has a market cap of ₹6,772 crore. The company is expanding through backward integration into cell and future ingot/wafer manufacturing and lateral diversification into inverters, pumps, and BESS EPC solutions to build an integrated renewable platform. Its total installed module capacity has reached 4.8 GW, including a 1 GW addition in Q2 FY26 at Ambala. As of June 30, the order book stood at over 4 GW, excluding spot and distributor orders that account for 25–30 per cent of monthly sales.