SPML Infra Limited has signed the agreement with the Water Resource Department, Hazaribagh, for a major irrigation project under the Konar Irrigation Project on a turnkey basis. The project has been awarded to SPML Infra in partnership with Vijay Kumar Mishra Construction.
The order valued at ?617.98 crore (approximately USD 70.90 million), aims to enhance irrigation infrastructure across 12,599.43 hectares of agricultural land in Bisnugarh block (Hazaribagh), Nawadih block (Bokaro), and Dumri block (Giridih) in Jharkhand.
The scope of work includes the reconstruction, repair, and structural strengthening of the main canal, right branch canal, and their associated distributaries, sub-distributaries, and minor canals through open channels. The project also involves the construction of an approach channel, canal lining, a solar-powered pump house cum sump, and a pressure pipe water conveyance system. The pipeline network, comprising MS, DI, and HDPE pipes of up to 1200 mm in diameter, will be equipped with an advanced pipe distribution network (PDN) and control mechanisms. Civil works such as boundary walls, approach roads, and service roads are also part of the development plan. The project includes a 10-year post-construction phase for Operation, Maintenance, and Management (O&M), ensuring long-term sustainability and efficiency.
Commenting on this achievement, Mr. Subhash Sethi, Chairman, SPML Infra Limited, said: "We are proud to contribute to the development of Jharkhand's irrigation infrastructure. This project aligns with our commitment to delivering sustainable water management solutions that enhance agricultural productivity and improve farmers' livelihoods. By leveraging advanced technology and efficient execution, we aim to complete the project within the stipulated timeline while ensuring high standards of quality and reliability. SPML Infra continues to focus on large-scale bulk water supply projects that ensure equitable water distribution for irrigation and drinking water needs across the country."
Shares of SPML Infra Limited was last trading in BSE at Rs. 167.30 as compared to the previous close of Rs. 159.35. The total number of shares traded during the day was 25487 in over 124 trades.
The stock hit an intraday high of Rs. 167.30 and intraday low of 159.50. The net turnover during the day was Rs. 4202962.00. |
