Introduction:
Leading Infra company has partnered with a global energy storage leader to accelerate Battery Energy Storage Systems (BESS) deployment in India. This collaboration will enhance grid stability, support renewable energy integration, and drive the country’s clean energy transition.
Share price movement of SPML Infra:
On April 3, 2025, SPML Infra Ltd opened at ₹175.85, up 4.99% from its previous close of ₹167.50. The stock hit a high and low of ₹175.85, maintaining this level. By 10:39 AM, it traded at ₹175.85, with a market cap of ₹1,249.42 crore.
SPML Infra Joins Hands with Energy Vault for Grid-Scale Energy Storage Rollout:
SPML Infra Limited has partnered with Energy Vault, USA, to manufacture and deploy Battery Energy Storage Systems (BESS) in India. The agreement enables SPML to integrate Energy Vault’s B-VAULT BESS technology and VaultOS EMS software for grid stability.
Under this deal, SPML will deploy at least 500 MWh of BESS within 12 months, targeting 30-40+ GWh over the next decade. The localized production aims to enhance renewable energy integration and ensure a stable, cost-efficient power supply.
Recent news on SPML Infra:
As of March 10, 2025, SPML Infra Ltd secured a ₹617.98 crore contract from the Water Resource Department, Hazaribagh, to develop irrigation infrastructure across 12,599.43 hectares in Jharkhand under the Konar Irrigation Project on a turnkey basis.
Stock performance of SPML Infra for Period of 1 week, 6 months, and 1 year:
SPML Infra Ltd delivered a 7.62% return over the past week but declined by 33.8% in the past six months. The stock gained 24.6% over the past year.
Shareholding pattern of SPML Infra:
| Particulars | Mar 2025 | Dec 2024 | Sep 2024 |
| Promoter | 35.20% | 34.80% | 35.90% |
| FII | 1% | 1% | 1% |
| DII | 15% | 15% | 15% |
| Public | 49.20% | 49.50% | 48.50% |
About SPML Infra:
SPML Infra Ltd. (NSE: SPMLINFRA) is a leading infrastructure company with 40+ years of expertise in water, power, and smart city projects, providing clean water to 50 million people and executing 700+ projects across India.
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.
