Business Standard

SPML Infra soars 20% on winning orders worth Rs 800 crore

The company secured new orders worth Rs 461 crore order of 3 package from Power Grid

Infrastructure
Premium

Workers erect scaffolding to build a pillar at the site of the metro railway flyover under construction in Ahmedabad. Photo: Reuters

SI Reporter Mumbai
SPML Infra has soared 20% at Rs 66.95 on the BSE in intra-day trade after the company announced that it has secured new orders approximately of Rs 800 crore for power substation, rooftop solar power plant, water & wastewater treatment and municipal solid waste management projects from different states of India.

The company’s power substation business has received orders worth Rs 591 crore, include Rs 461 crore order of 3 package from Power Grid Corporation of India for 16 numbers of substations/substation extensions of 132/33/11 kv in Tripura under North East Region (NER) power system improvement project.

The

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in