BSECompany Update5d ago · 4 Nov 2026, 08:11 am

SPML Infra Limited has obtained orders worth Rs. 186.41 Crore from Power Grid Corporation of India Limited

SPML Infra Ltd · 500402

✦ AI Summary▲ PositiveOrder Win

SPML Infra Ltd has secured a significant order worth Rs. 186.41 crore from Power Grid Corporation of India Limited for the extension of the 765/400/220 kV Bhadla-III Substation and Ramgarh Pooling Station.

Analysis Scores

Earnings Impact8/10
Growth Catalyst9/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact9/10
Market Sentiment9/10

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SPML Infra Ltd - 500402 - Announcement under Regulation 30 (LODR)-Press Release / Media Release

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SPN(L 4t November, 2026 National Stock Exchange BSE Limited Exchange Plaza, Phiroze Jeejeebhoy Towers PlotNo. C/1, G Block, Dalal Street, Bandra (E), Mumbai-400051 Mumbai-400001 (NSE Scrip Code: SPMLINFRA) (BSE Scrip Code: 500402) Sub: SPML Infra limited has obtained orders worth Rs. 186.41 cr from Power Grid Corporation of India Limited Dear Sir/Mam, With reference to the captioned subject and in terms in terms of Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, we would like to inform you that Company has secured a significant order worth %186.41 crore from Power Grid Corporation of India Limited (POWERGRID) a Maharatna Central Public Sector Enterprise, for the extension of the 765/400/220 kV Bhadla-11I Substation and Ramgarh Pooling Station. Kindly take the above on record. Thanking you, For SPML Infra Limited Swati Dersees Agarw &z al Geosss o5z Swati Agarwal Company Secretary Enc:a/a SPML INFRA LIMITED SIEERN CIN: L40106WB1981PLC276372 Regd. Office : 22, Camac Street, Block-A, 3rd Floor, Kolkata 700 016 Ph : +91 33 4009 1200/ 1247 E-mail : info@spml.co.in | Website : www.spml.co.in Seanine> SPML Infra Limited 22, Camac Street, A Block, 3rd Floor, Kolkata-700016 PRESS RELEASE Email: corpcomm@spml.co.in For Immediate Release SPML Infra Powers into 765 KV Transmission Infrastructure: Secures Orders Worth X186.41 Crore from Power Grid November 04, 2026 Kolkata, India: SPML Infra Limited (NSE: SPMLINFRA, BSE: 500402), a leading publicly listed infrastructure development company in India, has secured a significant order worth 3186.41 crore from Power Grid Corporation of India Limited (POWERGRID), a Maharatna Central Public Sector Enterprise, for the extension of the 765/400/220 kV Bhadla-III Substation and Ramgarh Pooling Station. The project, under 765 kV AIS Extension Substation Package SS-155T, involves the development and extension of high-capacity Extra High Voltage (EHV) transmission infrastructure, strengthening the power transmission network across one of India's key renewable energy corridors. Project Scope The package covers the extension of two extra-high-voltage substations forming part of the transmission system augmentation at Bhadla-III, Ramgarh PS and Kanpur: Extension of 765/400/220 kV Ramgarh Pooling Station: 2 numbers of 765/400 kV 1500 MVA ICT Bays, 2 numbers of 400/220 kV 500 MVA ICT Bays, 1 number of 400 kV Line Bay, 2 numbers of 220 kV Line Bays. Extension of 765/400/220 kV Bhadla-III Substation: Augmentation of 5 numbers of 400/220 kV 500 MVA ICT Bays, 3 numbers of 400 kV Line Bays, and 5 numbers of 220 kV Line Bays. The Bhadla and Ramgarh substations play an important role in transmitting power generated from western Rajasthan, one of India’s major solar and renewable energy hubs. Expanding their capacity will help connect more renewable energy to the national power grid. Strengthening SPML’s Power Transmission Portfolio The order reinforces SPML’s presence in the power transmission and distribution segment, where the Company has an established track record in executing numerous substations, transmission networks and rural electrification projects, connecting more than 20,000 villages with electricity. Extra-high-voltage substation works for Power Grid represent a technically demanding category of projects, and the award reflects SPML’s engineering and execution capabilities in power T&D. The order also aligns with SPML’s broader strategy in the power sector, where transmission infrastructure and Battery Energy Storage Systems together play a central role in enabling India’s transition to renewable energy. Abhinandan Sethi, Managing Director, SPML Infra Limited, said: “This order from Power Grid marks an important milestone in SPML Infra’s journey as we expand our capabilities into the 765 kV extra-high-voltage transmission segment. We are grateful for the confidence placed in us by Power Grid and remain committed to delivering this strategically important project with the highest standards of engineering, quality and execution. India’s energy transition requires a robust, resilient and future-ready power infrastructure, supported by advanced transmission networks and large-scale energy storage solutions. At SPML, we are strategically strengthening our capabilities across these complementary segments to play a meaningful role in enabling this transition. Through our continued focus on engineering excellence, innovation and execution, we remain committed to advancing India’s energy security, sustainable growth and the national vision of Viksit Bharat 2047.” About SPML Infra Ltd.: SPML Infra Limited (CIN: L40106WB1981PLC276372) is an infrastructure development company with over four decades of expertise across power, water, environment and technology sectors. With a pan-India presence, SPML has successfully executed over 700 projects, creating critical infrastructure including drinking water facilities, wastewater treatment, integrated sewerage networks, municipal waste management, power transmission & distribution, substations, rural electrification and smart city solutions. As one of India’s leading water management companies, SPML has contributed to providing clean drinking water to over 50 million people across urban and rural areas. SPML is ranked 14th among the World’s Top 50 Private Water Companies, as per the Global Water Intelligence (GWI), London survey. The Company is expanding its capabilities into Battery Energy Storage Systems as part of its strategy to participate in the next generation of India’s energy infrastructure, combining proprietary technology development, domestic manufacturing, system integration and large-scale project execution. As a publicly listed, ESG-compliant company, SPML Infra continues to drive innovation and growth in India’s infrastructure landscape. For Further Information, Please Contact SPML Infra Ltd. Go India Advisors Ltd. Kapil Joshi - Investor Relations Saloni Ajmera Investor.relations@spml.co.in saloni@GolndiaAdvisors.com