Spml Infra Secures `1,073 Crore (Usd 124 Million) Water Supply Project Under Amrut 2.0 for Indore City

SPML Infra Limited (NSE: SPMLINFRA, BSE: 500402), India’s leading water infrastructure development company, has been awarded a prestigious ฀1,073 Crore (inc. of GST) (USD 124 Million) project by Indore Municipal Corporation for the augmentation of the water supply system under the AMRUT 2.0; an ambitious initiative launched by Govt. of India with the goal of making Indian cities “water secure” and self-reliant. The project also includes a comprehensive 10-year Operation & Maintenance (O&M) contract. Project Scope and Significance • Intake & Raw Water Pumping:  Construction of a state-of the-art Intake…

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Cabinet approves AMRUT 2.0

Cabinet approves AMRUT 2.0

With an aim of making the Indian cities ‘water secure’ and ‘self-sustainable through circular economy of water, the Union Cabinet on Tuesday approved the Atal Mission for Rejuvenation and Urban Transformation 2.0 (AMRUT 2.0) till 2025-26. The total indicative outlay for AMRUT 2.0 is Rs. 2,77,000 crore including a central share of Rs. 76,760 crore for five years from FY 2021-22 to FY 2025-26. The government aims to provide affordable water and sanitation services by providing functional tap connections to all households, undertaking water source conservation/ augmentation, rejuvenation of water…

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