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Time of India
19 hours ago
- Business
- Time of India
258cr contract for water reservoir at Porur awarded
Chennai: The city is to get another water reservoir, at Porur. Chennai Metropolitan Water Supply and Sewerage Board (CMWSSB), the city's water agency which is popular as Metrowater has handed over a 258-crore contract to a consortium of SPML Infra and JWIL Infra that will build the reservoir. Metrowater managing director T G Vinay said the reservoir, which will have a storage capacity of 15 million litres, will come up on 11,486 sq m at Porur and will benefit people in areas such as Manali, Madhavaram, and at least 10,000 residents in parts of South Chennai. Additionally, 100 MLD (million liters a day) of water will be supplied to residents in Tambaram Corporation and 20 urban local bodies (ULBs) under CMA, he added. A Letter of Acceptance (LoA) was issued to JWIL Ltd, and preliminary survey work began, marking the first step of the 18-month-long project. The project involves building a reinforced cement concrete reservoir with dimensions of 76 x 45.5 metres and a depth of 5.25 metres. A high-capacity pumping station with a total pump output of 3,646 m³/hour and a 25-metre head will be built to handle up to 350 MLD. Water will be pumped from the Perur pumping station at a total capacity of 400 MLD and connected to the existing transmission network. The project includes several key stages, such as detailed surveys, construction of pumping stations and chlorine buildings, installation of mechanical and electrical systems, pipeline connections to existing water mains, and final testing and commissioning. Of the 258 crore, 205.99 crore is funded by the Japan International Cooperation Agency (JICA), while the operational expenditure of 51.99 crore will be covered by the state govt. As part of the agreement, the SPML-JWIL consortium will take responsibility for operations and maintenance (O&M) of the infrastructure for 20 years. Service Level Agreements (SLAs) will ensure consistent quality and performance during this period, Vinay added. SPML Infra chairman Subhash Sethi said the project will strengthen Chennai's water supply infra.
Business Standard
6 days ago
- Business
- Business Standard
SPML Infra jumps after winning Rs 258 crore project from CMWSSB
SPML Infra soared 6.12% at Rs 195.75 after the company has secured a significant new project worth Rs 258 crore from the Chennai Metropolitan Water Supply and Sewerage Board (CMWSSB). The project was awarded to the consortium of SPML Infra (26%) and JWIL Infra (74%), which successfully emerged as the lowest bidder and received the letter of acceptance (LoA). The comprehensive project involves several critical components aimed at strengthening water infrastructure in the region. One of the central features is the construction, testing, and commissioning of a new reservoir in Porur, envisioned to play a vital role as a key water storage facility. To ensure efficient and reliable water transfer and distribution, the project also includes the development of strategically located pumping stations. A range of ancillary works will be undertaken to establish the supporting infrastructure necessary for the seamless operation of the reservoir and pumping stations. These works will primarily focus on the regions of Perur and Porur, townships in Chennai, it added. A key highlight of the project is its long-term operation and maintenance (O&M) component. The consortium has been entrusted with the responsibility of maintaining and ensuring the efficient functioning of the entire infrastructure for a period of 20 years. This commitment aims to guarantee sustained service delivery and enhance the longevity of the assets over the long term. Subhash Sethi, Chairman, SPML Infra, said: "We are delighted to have been entrusted with this critical project by the Chennai Metropolitan Water Supply and Sewerage Board. This order reinforces SPML Infras leadership and technical expertise in developing sustainable water infrastructure across the country. With urban centres like Chennai experiencing rapid growth and rising demand for reliable water supply, we are committed to delivering high-quality engineering solutions that ensure efficient water management and long-term service delivery. Our continued focus on innovation, project execution, and operational excellence will help meet the expectations of our esteemed client." SPML Infra is engaged in the business of infrastructure development, which inter alia includes water management, water infrastructure development, wastewater treatment, power generation, transmission and distribution, solid waste management, and other civil infrastructure. The company reported consolidated net profit of Rs 12.01 crore in Q4 FY25 as against net loss of Rs 8.87 crore posted in Q4 FY24. Net sales tanked 59% year on year to Rs 189.03 crore in Q4 FY25.
