SUGS Lloyd Wins Rs 6,392.4 Million Mega Order

26 Mar 2026 CW Team

The size and complexity of the contract are expected to reinforce the company's capability to execute large scale EPC projects in smart grid and power infrastructure domains. The award represents a strategic expansion of the company's Power Transmission and Distribution business and further diversifies its project portfolio. It is also likely to strengthen the company's positioning with marquee government clients and open avenues for participation in larger opportunities.

The chairman and promoter indicated that the contract validates the company's execution capabilities in large scale EPC and smart grid projects and significantly improves revenue visibility. He noted that the order strengthens the company's presence in Power Transmission and Distribution and positions it for future growth while emphasising disciplined execution, selective bidding and financial prudence. Management indicated that these priorities would be central as the company leverages the award to drive sustainable growth.

SUGS Lloyd was established in 2009 and serves clients including NTPC, Tata Power, Adani Renewables and Indian Railways, as well as several state distribution companies. The company reported revenue from operations for H1 FY26 of Rs 1,230.3 million (mn), EBITDA of Rs 188.8 million (mn) and net profit of Rs 118.2 million (mn). The firm also stated that it holds over 50 per cent market share in Fault Passage Indicator technology and continues to expand across Power T&D and solar segments.

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SUGS Lloyd Limited, a specialist engineering, procurement and construction company in power transmission and distribution, solar and smart grid solutions, has secured a contract valued at Rs 6,392.4 million (mn) from Konkan Railway Corporation Limited. The contract covers supply, installation, testing and commissioning of plant works and the implementation of SCADA-DMS systems to be delivered over 24 months. The order was described by the company as a transformational milestone that materially enhances its order book and provides strong multi-year revenue visibility. The size and complexity of the contract are expected to reinforce the company's capability to execute large scale EPC projects in smart grid and power infrastructure domains. The award represents a strategic expansion of the company's Power Transmission and Distribution business and further diversifies its project portfolio. It is also likely to strengthen the company's positioning with marquee government clients and open avenues for participation in larger opportunities. The chairman and promoter indicated that the contract validates the company's execution capabilities in large scale EPC and smart grid projects and significantly improves revenue visibility. He noted that the order strengthens the company's presence in Power Transmission and Distribution and positions it for future growth while emphasising disciplined execution, selective bidding and financial prudence. Management indicated that these priorities would be central as the company leverages the award to drive sustainable growth. SUGS Lloyd was established in 2009 and serves clients including NTPC, Tata Power, Adani Renewables and Indian Railways, as well as several state distribution companies. The company reported revenue from operations for H1 FY26 of Rs 1,230.3 million (mn), EBITDA of Rs 188.8 million (mn) and net profit of Rs 118.2 million (mn). The firm also stated that it holds over 50 per cent market share in Fault Passage Indicator technology and continues to expand across Power T&D and solar segments.

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