SPML signs concession pact for Rs 250 cr Jaipur-Bhilwara road project

Subhash Projects And Marketing Ltd (SPML) one of India’s leading infrastructure companies, having focus in water management, environment and power, signed a concession agreement for its prestigious road project to develop a two lane road from Jaipur to Bhilwara via. Malpura, Kekri & Shahpura (SH-12). The agreement was signed on 12th July, 2010 between Bhilwara Jaipur Toll Road Private Limited (Special Purpose Vehicle jointly promoted by SPML Infra Limited with 51% share & Om Metals Infraprojects Ltd. having 49% share) & Rajasthan PWD in the presence of Hon"ble PWD minister, Shri Pramod Jain "Bhaya", Principal Secretary- Dr. Dinesh Goyal and other dignitaries.

The company bagged this prestigious order of Rs. 301 crore (approx.) from Government of Rajasthan in March 2010. The scope of the work includes design, build, finance, operate and transfer (DBFOT) basis through PPP Model for a pre-agreed Concession Period. The concession period will be for 22 years including the construction period of 18 months from the appointed date.

About Subhash Projects & Marketing Ltd.:
Subhash Projects And Marketing Limited (SPML) is a leading infrastructure development company with more than two and half decades of multi-disciplinary experience in Water, Power, Environment, Infrastructure, Manufacturing and Technology. The company that started in 1981 as a water pumps agency in Guwahati has evolved today into a multi-faceted conglomerate. Promoted by the Sethi family, SPML was incorporated as a public limited company in August 1983. An ISO – 9001: 2000 certified company, SPML has executed more than 400 projects across India and has established its leadership in the contracting business.

SPML has proven business capabilities in the Water, Energy, Environment and Infrastructure domain, on a Public Private Partnership (PPP) & Build-Own-Operate-Transfer (BOOT) basis.SPML’s vision to become a force in the global infrastructure sector is supported by its core strengths – pan India presence, 28 years of experience in turnkey projects, innovative in– house designs and engineering solutions, highly skilled team of over 2000 professionals; complimented by its focus on innovation and cutting edge technology.