SPML Infra
277.59
+3.81(+1.39%)
Market Cap₹1,957.50 Cr
PE Ratio41.42
IndustryConstruction
Company Performance:
1D+1.39%
1M+28.22%
6M+36.54%
1Y+52.67%
5Y+3,054.43%
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Latest news about SPML Infra
SPML Infra Secures ₹385 Crore Water Infrastructure Contract in Rajasthan 1 day ago Yesterday
SPML Infra Limited has been awarded a ₹385 crore contract for a water infrastructure project in Rajasthan under the Jal Jeevan Mission. The project, located in Ajmer, includes constructing a 160 MLD Water Treatment Plant, storage facilities, and a 58.68 km pipeline. It aims to improve water supply in the Kekri-Sarwar region, drawing from the Bisalpur Dam. The contract includes a 10-year operation and maintenance agreement.
SPML Infra Secures ₹205 Crore Credit Facility to Boost Project Execution 4 days ago
SPML Infra Secures Land for Battery Energy Storage Systems Manufacturing Facility Jun 09, 2025
SPML Infra Secures New Order Worth ₹258 Crore Jun 02, 2025
SPML Infra Reports Mixed Q4 Results: Profit Up QoQ, Revenue Down YoY May 29, 2025
More news about SPML Infra
03Apr 25
SPML Infra Inks Exclusive Deal with Energy Vault for Massive Energy Storage Rollout in India
SPML Infra Limited has formed an exclusive partnership with Energy Vault, USA, to deploy energy storage solutions across India. The company plans to install 500 MWh of storage capacity in the next year, with a long-term goal of 30-40+ GWh over a decade. The collaboration involves technology transfer and localized production of Energy Vault's B-VAULT technology and VAULTOS EMS software. This aligns with India's target of 500 GW non-fossil fuel-based electricity capacity by 2030 and addresses the projected energy storage market size of ₹4.70 lakh crore by 2031-32.
03Apr 25
SPML Infra Inks Exclusive Deal with Energy Vault for Grid-Scale BESS Rollout in India
SPML Infra Limited has entered an exclusive partnership with Energy Vault to implement grid-scale Battery Energy Storage Systems (BESS) across India. The collaboration involves technology transfer from Energy Vault to SPML Infra, aiming to deploy 500 MWh of BESS over the next 12 months and 30-40+ GWh over 10 years. This aligns with India's target of 500 GW non-fossil fuel electricity capacity by 2030 and addresses the projected 236.22 GWh energy storage requirement by 2031-32. The partnership is expected to boost SPML Infra's revenue and position it as a leader in India's BESS market.
02Apr 25
Energy Storage Deal Highlights Evolving Power Sector Landscape
Energy Vault and SPML Infra have entered a 10-year licensee and royalty agreement to manufacture and deploy the B-VAULT battery energy storage technology across India. The deal covers over 30 GWh of energy storage capacity, highlighting the growing focus on renewable energy integration and grid stability in India's power sector. While Adani Power is not directly involved, this development could impact the broader energy market and influence future strategies of major power producers.
02Apr 25
Suzlon Energy Secures Major Agreement with SPML Infra for Energy Storage Solutions
Suzlon Energy Limited has signed a significant agreement with SPML Infra for energy storage solutions. The deal, valued at approximately ₹830 crore, involves an initial capacity of 500 MWh to be delivered within 12 months. This strategic move marks Suzlon's entry into the energy storage market, complementing its wind energy portfolio. The agreement is expected to boost Suzlon's revenue in Q1 and Q2 of 2025, improve gross margins, and positively impact cash flow. This diversification aligns with the growing demand for integrated renewable energy solutions and positions Suzlon for growth in the rapidly expanding energy storage sector.
28Mar 25
SPML Infra Expands into Battery Energy Storage Systems, Approves Warrant Conversion
SPML Infra Limited has announced its entry into the Battery Energy Storage System (BESS) sector, approved by the board on March 28, 2025. The company also approved the conversion of 449,843 warrants into equity shares at Rs. 118.56 per warrant, to be allotted to Zoom Industrial Services Ltd, resulting in an equity infusion of approximately Rs. 53.33 crore.
10Mar 25
SPML Infra Secures ₹617.98 Crore Water Resource Contract in Ranchi
SPML Infra Limited has signed a ₹617.98 crore ($74.5 million) contract with the Water Resource Department in Ranchi, Jharkhand. The agreement, likely involving water infrastructure development or management, is expected to boost the company's revenue, strengthen its regional presence in Jharkhand, and showcase its expertise in water management solutions. This contract aligns with SPML Infra's core competencies in water and environment infrastructure projects.
SPML Infra
277.59
+3.81
(+1.39%)
1 Year Returns:+52.67%
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