SPML Infra Gets Rs. 258 Crore Project From Chennai Water Supply Board

Kolkata | June 2, 2025 – SPML Infra Ltd (NSE: SPMLINFRA, BSE: 500402), one of the top infrastructure player in India’s water and energy sectors, has won a ₹258 crore project from the Chennai Metropolitan Water Supply and Sewerage Board (CMWSSB), further strengthening its position in urban water infrastructure.

Project Details and Strategic Importance

The deal, which is worth 26% of SPML Infra and 74% of JWIL Infra, includes building, testing, and putting into service a new reservoir at Porur, Chennai. The work that has to be done includes:

• Making a big reservoir for storing water
• Building pumping stations in the right places
• Putting in place supporting infrastructure all around Perur and Porur
• Doing long-term operations and maintenance (O&M) for 20 years

This project will play a key role in improving water storage, transfer, and distribution efficiency in the rapidly growing Chennai metropolitan area.

Leadership Commentary

Subhash Sethi, Chairman of SPML Infra, commented:

“We are delighted to have been entrusted with this critical project by the CMWSSB. This order reinforces SPML Infra’s leadership and technical expertise in sustainable water infrastructure. With Chennai’s urban growth and rising water demand, we are committed to delivering high-quality engineering solutions for efficient water management and long-term service delivery.”

Company Overview

SPML Infra, headquartered in Kolkata, has more than four decades of experience with more than 700 projects successfully completed across water, power, environment, and smart infrastructure sectors. The Company:

• Serves over 50 million people with clean drinking water
• Ranks 14th globally among the top private water companies (as per Global Water Intelligence)
• Is recognized among India’s top 10 infrastructure companies
• Is publicly listed and ESG-compliant

Outlook

This project is a big success for SPML Infra because it adds long-term annuity-based O&M contracts to its portfolio. Adding this Chennai-based project should make it easier for the company to see how much money it will make and speed up its work in southern India.

SPML is one of the best choice for building infrastructure in cities and towns around the country because of its excellent technical skills and track record of success in water infrastructure.

REF: https://nsearchives.nseindia.com/corporate/SPMLINFRA_02062025141433_Order_Secured_Chennal_Metropolitan.pdf

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