StockWatch
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Other Electrical Equipment
Deals1 Sept 2026, 12:21 pm

Sugs Lloyd Secures ₹214.27 Cr Orders from TPSODL & TPWODL

AI Summary

Sugs Lloyd Limited has announced securing Letters of Intent (LOIs) from TP Southern Odisha Distribution Limited (TPSODL) and TP Western Odisha Distribution Limited (TPWODL) for network maintenance and operational assistance. The aggregate value of these three-year contracts, including GST, amounts to ₹214.27 crore. The contracts cover 11 kV & LT Network Maintenance & Allied Works, and 33 kV Network Maintenance and Operational Assistance of 33/11 kV Sub-Stations. The execution period for these contracts is from October 1, 2026, to September 30, 2029. This significant order win is expected to bolster the company's order book and revenue streams.

Key Highlights

  • Sugs Lloyd awarded contracts worth ₹214.27 crore.
  • Contracts are for network maintenance and operational assistance.
  • Agreements are with TPSODL and TPWODL for three years.
  • Execution period spans from October 2026 to September 2029.
  • Order value includes GST and is for domestic entities.