SPML Infra Limited (NSE: SPMLINFRA, BSE: 500402), a publicly listed infrastructure company, has received a Letter of Acceptance (LoA) for a new water infrastructure project valued at Rs. 258 crore. The project has been awarded by the Chennai Metropolitan Water Supply and Sewerage Board (CMWSSB) to a consortium of SPML Infra Limited (26% share) and JWIL Infra Limited (74%).
The project is aimed at enhancing water supply infrastructure in the Chennai region, with a primary focus on the construction, testing, and commissioning of a new water reservoir at Porur. This facility is designed to improve water storage capacity in the city.
Additional components of the project include the development of a new pumping station and associated infrastructure to support water transfer and distribution. The supporting works will be primarily carried out in the Porur and Perur areas of Chennai.
An integral part of the project is its long-term Operation and Maintenance (O&M) contract. The consortium will manage and maintain the infrastructure for a period of 20 years, ensuring continued operational efficiency.
This development contributes to ongoing efforts to improve urban water infrastructure in Chennai.
