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Subhash Projects to focus on urban infrastructure projects

Thursday, 27 Sep 2007
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Subhash Projects & Marketing will focus on urban infrastructure projects funded through Jawaharlal Nehru National Urban Renewal Mission (JNNURM) during 2007-08, a company statement said.

The statement adds that SPML has secured cumulative orders worth Rs.353.60 crore in areas covering water, power and environment management.

The company's current order book, to be liquidated over the next 14-21 months, includes the following:

  • Water: Three projects from Delhi Jal Board (DJB) and Japanese Bank of International Cooperation (JBIC) funded PHED, Jaipur with a contract value of Rs.133.99 crore and Rs.99.63 crore respectively.
  • Power: rural electrification project in the Ganjam and Gajpati districts of Orissa with contract value of Rs.49.36 crore and Rs.31.8 crore respectively, awarded by National Hydroelectric Power Corporation.
  • Environment: A contract worth Rs.38.82 crore for a 70 mld sewage treatment plant at Agar Takali of Nashik Municipal Corporation. The scope of work includes designing, constructing, supply, erection, testing, commissioning, start up and performance run for the sewage treatment plant and sewage pumping station, followed by five years of operations & maintenance. (project details)

In a company statement, Subhash Sethi said "Water management, environment and rural electrification are our core competencies and we intend growing at a rapid pace in these segments in the next few years. These new projects, moreover, will help improving our bottomlines substantially in the next three quarters of the current fiscal".

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