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SPML Infra gets nod to enter into battery energy storage system sector

29 Mar 2025 Evaluate

SPML Infra has received board's approval for entry into the Battery Energy Storage System (BESS) sector. The board has also authorized the management to take all necessary steps and obtain the required approvals to facilitate this strategic initiative. This decision aligns with the company’s long-term vision and commitment to innovation in the energy sector. The Board of Directors of the company at their meeting held on March 28, 2025, has approved the same.

SPML Infra is India’s leading infrastructure development company with focus on sustainable development for smart cities, promoting access to essential services to all (water, electricity, sanitation, and municipal solid waste management).

Peers
Company Name CMP
Larsen & Toubro 3645.00
Kalpataru Projects 1279.95
NCC 116.30
Rail Vikas Nigam 180.10
KEC International 327.55
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