2009-10 Annual Report - SPML

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Chairman’s MessageDear Stakeholders,As you are aware, wehave traversed achallenging journey overthe last year, whichprobably was the case withmost organizations owingto the market dynamics,slowdown and negativesentiments. At SPML, weleveraged this period tointrospect and re-align our business priorities, focus areas andconsolidate our strengths, with emphasis on optimization,efficiency and effectiveness in all our functions.I am extremely happy to inform that we have emerged successfulthrough this period and our focus is back on capacity buildingand renewed approach to our traditional engineering - contractingbusiness and growth impetus of the emerging Public PrivatePartnership (PPP) and the Build-Own-Operate-Transfer (BOOT)opportunities ahead of us.We are poised for the next phase of our growth - SPML is anorganization of opportunities and promise, but we understandthat our pursuit of excellence on all fronts is complimentedwith a need for "change". Therefore, we have embraced"Change"… a change for the better in all our initiatives and achange to compete with the best and above all with ourselves,to set new benchmarks.Therefore, this thought has also resulted in a change in nameof the organization to be closer than ever before with ourstakeholders and esteemed clients. We are extremely happyhaving announced our new name SPML Infra Limited.From a business perspective, it has been a bright period. We arehappy to share that in last 12 months, we won consolidated ordersto the tune of Rs. 2000 Crores, to name a few :SPML along with Om Metals was awarded the prestigiouscontract for construction of Kalisindh Gravity Dam onTurnkey basis by the Water Resources Department,Rajasthan Government, at a value of Rs. 457 crore.A Prestigious Water Supply project at a value of Rs. 440crore in JV, from Bangalore Water Supply and SewerageBoard was another significant win.A 1500 mini water supply schemes project for 26 droughtaffected districts of Bihar, awarded by Public HealthEngineering, Dept., Government of Bihar, at value ofRs. 220 crore.Development of two lane from Jaipur to Bhilwara - a roadinfrastructure order of Rs. 250 crore from Govt. of Rajasthan.SPML has established itself as a preferred Infrastructuredevelopment partner and also built it's rightful credential as aTotal Water Solutions Provider participating in water supply,distribution and management projects, and in wastewater/effluent treatment plants at the other end of thespectrum. As a company we have also created our niche indomains such as Balance of Plant works, Municipal WasteManagement and Road/Highways Projects.We are venturing into and managing businesses and projectsthat add value to our portfolio, make a difference in the livesof people they touch and ensure profitability to our stakeholders.I would like to take this opportunity to thank all our reveredstakeholders - clients, shareholders, banks, financial institutions,supply chain, contractors and most importantly our people, fortheir relentless support over the years.We are at the threshold of the most opportune moment inthe history of the organization as we accelerate our growthtrajectory and build marvels of infrastructure to meet the nation'sdevelopment aspirations.We believe, together, we can.Anil SethiChairmanSPML Infra Limited(formerly Subhash Projects And Marketing Limited)10
Board of DirectorsMr. Anil Kr. SethiChairmanMr. Subhash Ch. SethiVice Chairman & Managing DirectorMr. Sushil Kr. SethiManaging DirectorMr. Deepak SethiDirectorMr. T. S. Siva ShankarDirectorMr. K. MukhopadhayaDirectorMr. Sarthak BehuriaDirectorMr. R.L. GaggarDirectorMr. A. BhattacharjeeDirector11
Page 1 and 2: Scaling new heightsSPML INFRA LIMIT
Page 3 and 4: SPML, creating a green footstep for
Page 5 and 6: Credentials and recognizationOutsta
Page 7 and 8: ENERGYINFRASTRUCTUREdesigns and eng
Page 9 and 10: Our Areas of OperationEPCEngineerin
Page 11: Car Parking solutions, Toll/Link Ro
Page 15 and 16: DIRECTORS’ REPORTANNUAL REPORT 20
Page 17 and 18: Shri Sarthak Behuria was appointed
Page 19 and 20: Major Orders Awardedi) Rs. 209.56 C
Page 21 and 22: Meetings & AttendanceSix (6) Board
Page 23 and 24: (vi) Committee for regular Banking
Page 25 and 26: ANNUAL REPORT 2009-10D) Extra-Ordin
Page 27 and 28: ANNUAL REPORT 2009-10(xi) Liquidity
Page 29 and 30: AUDITORS’ REPORTANNUAL REPORT 200
Page 31 and 32: ANNUAL REPORT 2009-10(viii) We have
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ANNUAL REPORT 2009-10Alahabad Waste
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our people, our powerSPML INFRA LIM
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2009-10 Annual Report - SPML

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