Rs 617.98 Crore Project! Find Out Which Company Is Powering Jharkhand's Green Revolution!
Water Management Leader Secures Rs 617.98 Crore Project to Transform Irrigation in Jharkhand!
SPML Infra Limited has signed an agreement with the Water Resource Department, Hazaribagh, for a significant irrigation project under the Konar Irrigation Project on a turnkey basis. The project, valued at Rs 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.
Scope of Work
The project involves the reconstruction, repair, and structural strengthening of the main canal, right branch canal, and associated distributaries, sub-distributaries, and minor canals through open channels. It also includes the construction of an approach channel, canal lining, a solar-powered pump house cum sump, and a pressure pipe water conveyance system. Additionally, civil works such as boundary walls, approach roads, and service roads are part of the plan.
Long-Term Management
A notable feature of the project is a 10-year post-construction phase for Operation, Maintenance, and Management (O&M) to ensure long-term sustainability and efficiency. The pipeline network will use MS, DI, and HDPE pipes of up to 1200 mm in diameter and include an advanced pipe distribution network (PDN) and control mechanisms.
Management's Perspective
Mr. Subhash Sethi, Chairman of SPML Infra Limited, expressed pride in contributing to Jharkhand's irrigation infrastructure. He highlighted the company's focus on sustainable water management solutions to boost agricultural productivity and improve farmers' livelihoods. The company aims to complete the project within the stipulated timeline while maintaining high standards of quality and reliability.
Company Background
SPML Infra Limited, a leading water management company, has provided clean drinking water to over 50 million people in urban and rural India. With a 44-year legacy, SPML has completed over 700 projects, including drinking water, wastewater treatment, sewerage networks, municipal waste management, power transmission, and smart city infrastructure.
Outlook
The company is focusing on large-scale bulk water supply projects and exploring new opportunities in battery energy storage systems (BESS). With a current order book of Rs 2,500 crore and Rs 2,800 crore in the L1 stage, SPML Infra is poised for future growth, aiming for a 30 to 50 per cent revenue increase in FY26.
Disclaimer: The article is for informational purposes only and not investment advice.