JM Financial Services
Open Demat Account
Home Market News and Insights Details
News

SPML Infra bags Rs 186-cr order from Power Grid

04-Nov-2026 | 12:56
SPML Infra has secured an order worth Rs 186.41 crore from Power Grid Corporation of India (POWERGRID), a Maharatna Central Public Sector Enterprise, for the extension of the 765/400/220 kV Bhadla-III Substation and Ramgarh Pooling Station.

The order involves EPC work for the extension of two extra-high-voltage substations at Ramgarh and Bhadla as part of the transmission system augmentation at Bhadla-III, Ramgarh Pooling Station and Kanpur. The project is scheduled to be executed within 27 months from the date of the Letter of Award (LOA). The formal LOA is awaited.

The order has been awarded by a domestic entity. The promoter and promoter group have no interest in the awarding entity, and the contract does not fall under related party transactions.

SPML Infra is an infrastructure development company with over four decades of expertise across power, water, environment and technology sectors. The company's consolidated net profit rose 87.13% to Rs 22.68 crore on an 82.34% increase in sales to Rs 284.28 crore in Q1 FY27 as compared with Q1 FY26.

Shares of SPML Infra rose 0.48% to Rs 136.90 on the BSE.

Powered by Capital Market - Live News