SPML Infra Secures ₹205 Crore Credit Boost for Infrastructure Projects

SPML Infra has secured credit facilities worth ₹205 crore from one of India’s leading public sector banks. The sanctioned amount includes a significant Bank Guarantee (BG) limit, reflecting the company’s strong financial standing, according to an official release.

This non-fund-based facility is expected to enhance SPML Infra’s ability to meet contractual commitments and support efficient execution across its engineering, procurement, and construction (EPC) and infrastructure development projects. The credit line will enable the issuance of key instruments such as performance guarantees, bid securities, and advance payment guarantees—critical for ensuring timely and successful project delivery.

The facility will be deployed across SPML’s broad project portfolio, with a focus on the water and energy sectors, including initiatives in battery energy storage systems (BESS). The company entered the BESS space in April 2025 through a strategic partnership with U.S.-based Energy Vault, reinforcing its commitment to future-ready energy infrastructure.

News by Rahul Yelligetti.