SPML Infra wins Smart Infrastructure Development Project worth Rs 325 crore

Image
Capital Market
Last Updated : Jul 09 2015 | 8:01 PM IST

In JV with Om Metal Infraprojects

SPML Infra in joint venture with Om Metal Infraprojects received First Smart Infrastructure Development Project worth Rs. 325 crore from Vikram Udyogpuri, Ujjain, Madhya Pradesh.

This is a part of Delhi-Mumbai Industrial Corridor (DMIC) Project being developed by Government of India as a global manufacturing and investment destination. The development of Vikram Udyogpuri has been selected as one of the early bird projects under the development plan of Pithampur-Dhar-Mhow Investment Region which is one of the 24 regions of DMIC.

The proposed site of Vikram Udyogpuri is located about 8km from Ujjain and 12km from Dewas and has a total area of 443.79 Ha (1096.63 acres). The Government of Madhya Pradesh (GoMP) and Delhi Mumbai Industrial Corridor Development Corporation (DMICDC) intend to facilitate development of trunk internal and external infrastructure for Vikram Udyogpuri.

SPML Infra will execute this Design Build Operate (DBO) smart city project to be completed in 3 years' time with operation & maintenance for 5 years post commissioning.

Powered by Capital Market - Live News

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jul 09 2015 | 7:22 PM IST

Next Story