SPML Infra Ltd
SPML Infra Secures ₹4,324 Cr Orders & Enters Energy Storage with 5 GWh Capacity Plan 🔋📈
• New order wins total ₹4,324 crore for water supply projects in Rajasthan, Madhya Pradesh, and Tamil Nadu
• Long-term operation and maintenance contracts included in new orders
• Entered Battery Energy Storage Systems (BESS) sector through 10-year exclusive partnership with Energy Vault
• BESS manufacturing facility planned in Maharashtra with Phase 1 capacity of 2.5 GWh by Q1 FY27
• Planned scaling to 5 GWh total capacity
• Annual revenue potential of ₹4,000-5,000 crore from BESS facility
• Targeting India's projected need for 236 GWh of battery storage by 2031-32
• FY24 revenue at ₹1,021.6 crore
• Profit after tax at ₹25.8 crore (excluding one-time items)
• Company has executed over 700 projects, delivering drinking water to over 50 million people
• Ranks No. 14 among World's Top 50 Private Water Companies