SUGS Lloyd Secures Rs 2,142.7 Million Odisha Distribution Contracts
The firm received a Letter of Intent from TP Southern Odisha Distribution Limited on August 31, 2026 at 12:32 p.m. and a second Letter of Intent from TP Western Odisha Distribution Limited on the same day at 3:22 p.m. The orders encompass maintenance of 11 kV and LT networks, 33 kV network maintenance and operational assistance at 33/11 kV substations.
The order for TP Southern Odisha Distribution Limited is valued at Rs 1,150.2 mn and is apportioned across the three contract years with Rs 379.9 mn in Year one, Rs 385.2 mn in Year two and Rs 385.0 mn in Year three. The TP Western Odisha Distribution Limited contract totals Rs 992.5 mn, with allocations of Rs 335.3 mn in Year one, Rs 331.1 mn in Year two and Rs 326.1 mn in Year three. Combined values therefore match the aggregate figure reported by the company. The timetable and financial splitting are set to guide delivery and cash flows over the contract span.
Founded in 2004, SUGS Lloyd Limited has developed as a technology driven engineering and construction firm with a broad product portfolio and a focus on renewable energy, particularly solar, and power transmission and distribution projects. The company lists capabilities including substation construction, power system upgrades and outage management solutions together with equipment such as fault passage indicators, auto reclosers and sectionalizers. The contracts reinforce its presence in transmission and distribution services in Odisha and complement its existing EPC activities. The photograph accompanying the announcement was described as representation only.