Sugs Lloyd Secures ₹213.48 Cr Punjab Power Distribution Contract

Sugs Lloyd Limited has been awarded a contract valued at approximately ₹213.48 crore, including GST, for power distribution infrastructure works in Punjab. The Letter of Award, received from Marshal Enterprises, covers balance supply and installation for low-tension (LT) and high-tension (HT) infrastructure loss reduction projects under the Revamped Distribution Sector Scheme (RDSS). The project will be executed as a subcontractor on a back-to-back basis for two circles: Faridkot (₹89.88 crore) and Gurdaspur (₹123.60 crore). The works are to be completed within 15 months. This award is expected to enhance Sugs Lloyd's order book, provide revenue visibility, and strengthen its presence in the Punjab power distribution sector.