StockWatch
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Other Electrical Equipment
Business Update6 Jul 2026, 01:28 pm

Sugs Lloyd Secures ₹3.37 Cr Order from MP Power Utility

AI Summary

Sugs Lloyd Limited has announced securing a new order worth ₹3.37 crore (including GST) from Madhya Pradesh Paschim Kshetra Vidyut Vitaran Company Limited (MPPKVVCL). The order involves the Design, Supply, Installation, Testing & Commissioning of 11 KV and 33 KV Fault Passage Indicators (FPI) along with integration to existing and upcoming SCADA-DMS/ADMS systems, including a 5-year Annual Maintenance Contract (AMC) and communication infrastructure. The project is expected to be completed within 70 days and aims to enhance the reliability and efficiency of the power distribution network. This win follows other recent orders, including ₹56.57 crore for solar projects and ₹1.80 crore for FPIs. The company highlighted its strong position in the smart grid segment and its commitment to leveraging technical expertise for sustainable growth.

Key Highlights

  • Secured ₹3.37 crore order from MP Paschim Kshetra Vidyut Vitaran Company Limited.
  • Order includes FPI installation, SCADA integration, and 5-year AMC.
  • Project completion expected within 70 days, strengthening smart grid presence.
  • Recent wins total over ₹61 crore, indicating strong business momentum.
  • Company holds over 50% market share in Fault Passage Indicator technology.