Loading market data...
Tue, 06 Oct 2026
12:43:11 am
Tue, 06 Oct 2026
12:43:11 am
Rudransh Sangwan
Published at: May 23, 2026, 8:50 AM
Synopsis
SPML Infra secured a ₹16,541 lakh contract from RRVPNL for a 400 kV grid substation and transmission infrastructure project in Rajasthan. The infrastructure stock has gained over 15% in one year as the company continues expanding its presence across power transmission, renewable energy, and government-backed infrastructure projects.
SPML Infra Limited has secured a major infrastructure contract worth ₹16,541 lakh from Rajasthan Rajya Vidyut Prasaran Nigam Limited (RRVPNL) for the development of a 400 kV Grid Substation and Transmission Infrastructure in Rajasthan.
The infrastructure stock has gained more than 15% over the last one year, while continuing to strengthen its position across India’s power transmission, water infrastructure, and energy storage sectors.
The newly awarded project will be executed in Dahra, Kota, Rajasthan, and is expected to be completed within 18 months.
The contract involves the supply, erection, testing, and commissioning of critical transmission infrastructure.
| Parameter | Details |
|---|---|
| Company | SPML Infra Limited |
| Client | Rajasthan Rajya Vidyut Prasaran Nigam Limited (RRVPNL) |
| Project Type | 400 kV Grid Substation & Transmission Infrastructure |
| Project Location | Dahra, Kota, Rajasthan |
| Contract Value | ₹16,541 Lakh |
| Execution Timeline | 18 Months |
Loading chart...
The project includes multiple high-capacity transmission infrastructure components designed to strengthen Rajasthan’s power evacuation and grid stability capabilities.
| Infrastructure Component | Details |
|---|---|
| Grid Substation | 400 kV Grid Substation |
| Autotransformer Bay | 1 × 500 MVA |
| Shunt Reactor Bay | 420 kV, 1×125 MVAR |
| Feeder Bays | 2 × 400 kV |
| Tie Bays | 3 × 400 kV |
The order also includes:
Rajasthan has become one of India’s largest renewable energy states with significant investments across:
The expansion of high-voltage transmission infrastructure is critical for supporting renewable power evacuation and grid reliability across the state.
The latest contract strengthens SPML Infra’s position in India’s growing power transmission and infrastructure sector.
The company continues focusing on:
Management stated that the project reflects SPML Infra’s long-standing expertise in executing large-scale infrastructure projects across India.
The new order further strengthens the company’s power vertical while complementing its:
SPML Infra currently operates across three major segments:
| Core Business Vertical | Focus Area |
|---|---|
| Water Infrastructure | Water Supply & Treatment |
| Power Infrastructure | Transmission & Substations |
| Energy Storage | BESS & Grid Solutions |
According to Managing Director Abhinandan Sethi, the company remains committed to supporting India’s power infrastructure expansion and Rajasthan’s renewable energy ambitions.
The management highlighted the company’s:
The stock has delivered positive returns over the last year amid rising infrastructure spending and growing investments in India’s energy transition ecosystem.
| Period | Return |
|---|---|
| 1 Day | +3.31% |
| 5 Days | +3.80% |
| 1 Month | -2.54% |
| 6 Months | +4.17% |
| 1 Year | +15.48% |
| 5 Years | +162% |
India’s transmission infrastructure sector continues witnessing strong growth driven by renewable energy integration, grid modernization, and rising electricity demand.
With the latest ₹16,541 lakh order from RRVPNL, SPML Infra continues strengthening its participation in large-scale government-backed infrastructure projects.
The company’s focus on power transmission, energy storage, and sustainable infrastructure positions it to benefit from India’s long-term energy transition and infrastructure expansion plans.
SPML Infra secured a ₹16,541 lakh contract from Rajasthan Rajya Vidyut Prasaran Nigam Limited (RRVPNL) for developing a 400 kV Grid Substation and Transmission Infrastructure in Rajasthan.
The total project value is approximately ₹16,541 lakh.
The contract was awarded by Rajasthan Rajya Vidyut Prasaran Nigam Limited (RRVPNL).
The project will be developed in Dahra, Kota, Rajasthan.
The company expects to complete the project within 18 months.
The project includes:
The order strengthens SPML Infra’s presence in:
SPML Infra operates across:
SPML Infra stock has gained approximately 15.48% over the last one year.
Rajasthan is one of India’s leading renewable energy states with large-scale investments in:
Financial journalist specializing in market analysis, stock research, and investment trends. Dedicated to providing accurate, timely insights for informed decision-making.
Credentials: Experienced financial journalist with expertise in equity markets and economic analysis
The information provided in this article is for educational and informational purposes only and should not be construed as financial, investment, or legal advice. welomoney does not provide personalized investment recommendations.
For detailed terms and conditions, please read our Disclaimer and Terms of Service.
NSE shares fell after listing at Rs 1,800, dropping to 12th by market value. Experts identify Rs 1,760 support and Rs 1,795 resistance.
Goldman Sachs retains its Buy rating on IndiGo with a Rs 5,900 target, citing international growth, cost leadership and better FY28 profitability.
Kirloskar Oil Engines posted 16% Q1 FY27 revenue growth, while margins missed estimates. Motilal Oswal cut earnings estimates and raised its target...
Landmark Cars shares rose 12% to Rs 535.80 after adding BYD and M&M outlets, taking its network to 143 locations, with EV sales at 30% of Q1FY27 new...
Tata Motors’ subsidiary acquired 26,000 shares in Mateshwari E-Smart Mobility for ₹2.6 lakh.
