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Home / Company Updates / SPML Infra Signed Agreement for ₹617.98 Crore Irrigation Project to Boost Agricultural Growth in Jharkhand;Shares Hits 5% Upper Circuit

SPML Infra Signed Agreement for ₹617.98 Crore Irrigation Project to Boost Agricultural Growth in Jharkhand;Shares Hits 5% Upper Circuit

2025-03-10  Niranjan Ghatule  
SPML Infra Signed Agreement for ₹617.98 Crore Irrigation Project to Boost Agricultural Growth in Jharkhand;Shares Hits 5% Upper Circuit

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;Shares of SPML hits 5% Upper Circuit After This Announcement

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 Bisungarh 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, ensuring long-term sustainability and efficiency.

Commenting on this achievement, Subhash Sethi, Chairman of 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."

About SPML Infra Ltd.

SPML Infra Limited, the leading water management company, has contributed immensely towards providing clean drinking water to more than 50 million urban and rural populations in India. In a rich legacy of successful 44 years, the company has executed over 700 projects, creating valuable and sustainable assets for drinking water, wastewater treatment, sewerage network, municipal water management, power transmission, distribution, substation, rural electrification, and smart city infrastructure. Ranked 14th among the world’s top 50 private water companies as per a recent survey by the Global Water Intelligence, London, and recognized as one of India’s 50 best real estate and infrastructure companies.

Disclaimer:

The information provided in this article is for general informational purposes only. While every effort has been made to ensure accuracy, SPML Infra Limited and associated parties are not responsible for any errors, omissions, or changes in project details. The financial figures, project specifications, and statements mentioned are subject to updates and modifications based on official announcements and government policies. Readers are advised to refer to official sources or company statements for the latest and most accurate information. The views expressed in quotes are those of the respective individuals and do not necessarily reflect the views of the company or its affiliates.


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