SPML Infra Wins ₹165.41 Crore Order for 400 kV Substation
SPML Infra Limited has won a ₹165.41 Crore order from Rajasthan Rajya Vidyut Prasaran Nigam Limited (RRVPNL) to construct a 400 kV Grid Substation and Transmission Infrastructure at Dahra, Kota. The project scope includes the installation of a 500 MVA Autotransformer Bay and associated feeder and tie bays, with completion scheduled in 24 months. This contract reinforces the company's presence in the power transmission sector and aligns with its strategic focus on government-funded infrastructure projects.
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SPML Infra Limited has secured a significant contract worth ₹165.41 Crore from Rajasthan Rajya Vidyut Prasaran Nigam Limited (RRVPNL). The order entails the construction of a 400 kV Grid Substation and Transmission Infrastructure at Dahra, located in Kota, Rajasthan. The project is scheduled to be executed over a period of 24 months.
The scope of work for the project includes the supply, erection, testing, and commissioning of the 400 kV Grid Sub-Station at Dahra. This includes the installation of one 500 MVA Autotransformer Bay and a 420 kV, 1×125 MVAR Bus-type Shunt Reactor Bay. Additionally, the contract covers the construction of two 400 kV Feeder Bays and three 400 kV Tie Bays, along with all associated civil works, automation, and communication systems.
Project Details
| Component | Description |
|---|---|
| Client | Rajasthan Rajya Vidyut Prasaran Nigam Limited (RRVPNL) |
| Location | Dahra, Kota, Rajasthan |
| Contract Value | ₹165.41 Crore |
| Duration | 24 months |
| Key Infrastructure | 400 kV Grid Substation, 500 MVA Autotransformer Bay |
Rajasthan is a key region for India's energy transition, hosting some of the country's largest renewable energy producers. The upgradation of high-voltage grid infrastructure is critical to enabling the reliable evacuation and transmission of power across the state's expanding grid network. This order strengthens the company's portfolio in the high-capacity advanced power substation and transmission sector.
Strategic Focus
Abhinandan Sethi, Managing Director of SPML Infra Limited, highlighted the company's role in supporting Rajasthan's energy ambitions. He noted that with over four decades of expertise, the company brings technical capability and a track record of proven delivery to its projects. This order from RRVPNL is described as a milestone in the company's commitment to building India's power infrastructure.
The new contract adds to SPML Infra's expanding power vertical. It complements the company's Battery Energy Storage System (BESS) business and its established leadership in sustainable infrastructure development. The company maintains a strategic focus on high-margin, government-funded infrastructure projects across its three core verticals: Water, Power, and Energy Storage.
Historical Stock Returns for SPML Infra
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +3.31% | +3.80% | -2.54% | +4.17% | +15.48% | +1,627.45% |
How might SPML Infra's growing power transmission portfolio position it to capture additional contracts as Rajasthan accelerates its renewable energy capacity targets beyond 2025?
Could the successful execution of this RRVPNL project serve as a catalyst for SPML Infra to expand its grid infrastructure business into other high-renewable-energy states like Gujarat or Tamil Nadu?
How will the integration of SPML Infra's Battery Energy Storage System (BESS) business with its power transmission projects potentially create bundled infrastructure solutions for future government tenders?
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