Investment29 Oct 2025, 05:51 pm
SPML Infra Secures Rs. 505 Crore Credit Facility to Boost Projects and Growth
AI Summary
SPML INFRA OBTAINS Rs. 505 CRORE CREDIT FACILITY BOOSTS TO FAST-TRACK PROJECTS AND FUEL GROWTH. The company has received sanction of enhanced credit facilities from X 205 crore to X 505 crore from one of India’s top Public Sector Undertaking (PSUs) Bank. This non-fund-based facility will strengthen the company's ability to meet contractual commitments and drive efficient execution across infrastructure and EPC projects. The sanctioned BG limits will support key requirements such as performance guarantees, bid securities, and advance payment guarantees.
Key Highlights
- SPML Infra has obtained a credit facility of Rs. 505 crore from a leading Public Sector Bank in India.
- The credit facility includes a Bank Guarantee (BG) limit, which will support key requirements such as performance guarantees, bid securities, and advance payment guarantees.
- This financial support will strengthen SPML Infra's operations and enable participation in larger projects across multiple sectors.
- The move underscores SPML Infra's strong financial credibility and operational trust in the infrastructure sector.
- SPML Infra remains committed to delivering high-quality infrastructure solutions backed by strong governance, advanced project planning, and proven execution capability.