
Business Update14 Jun 2026, 10:00 pm
Sugs Lloyd Secures ₹56.57 Cr Solar Project Order from NBPDCL
AI Summary
SUGS Lloyd Limited has received Letters of Award (LOA) from North Bihar Power Distribution Company Limited (NBPDCL) for setting up 16 MW of Grid-Connected Rooftop Solar Projects under the PM Surya Ghar-Muft Bijli Yojana (PMSG-MBY). The total order value, excluding GST, is approximately ₹56.57 crores. The projects are to be executed in the Chapra Circle of NBPDCL under a CAPEX plus RESCO mode within the Utility-Led Aggregation (ULA) model. The commissioning period is 9 months from the PPA signing, with a contract period of 10 years from the Commercial Operation Date (COD). This award represents a significant business development for SUGS Lloyd in the renewable energy sector.
Key Highlights
- Received LOA from NBPDCL for 16 MW solar projects.
- Order value stands at ₹56.57 crores (excluding GST).
- Projects fall under the PM Surya Ghar-Muft Bijli Yojana.
- Execution timeline includes 9 months for commissioning.
- Contract duration is 10 years post Commercial Operation Date.
Price Impact
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