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SPML Infra wins Smart Infrastructure Development Project worth Rs 325 crore

Capital Market 

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.

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First Published: Thu, July 09 2015. 19:22 IST