Deals4 Nov 2026, 08:21 am
SPML Infra Secures ₹186.41 Cr Orders from Power Grid Corp
AI Summary
SPML Infra Limited has announced securing new orders worth ₹186.41 Crore from Power Grid Corporation of India Limited (POWERGRID). These orders are for the extension of the 765/400/220 kV Bhadla-III Substation and Ramgarh Pooling Station. The execution period for these contracts is 27 months from the date of the Letter of Award (LOA), which is currently awaited. This development signifies continued business for SPML Infra in the power transmission infrastructure sector.
Key Highlights
- SPML Infra awarded orders worth ₹186.41 Crore.
- Orders received from Power Grid Corporation of India Limited.
- Contracts are for substation extensions at Bhadla-III and Ramgarh.
- Project execution timeline is 27 months post-LOA.
- Formal Letter of Award is still pending.
Price Impact
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