SUGS Lloyd Wins Rs 6,392.4 Mn Order From Konkan Railway

28 Mar 2026 CW Team

The contract marks a strategic expansion in the company's Power Transmission and Distribution business and diversifies its project portfolio with a marquee government client. Management indicated that disciplined execution, selective bidding and financial prudence will guide delivery and help the company capitalise on larger opportunities. The order is expected to strengthen the company's positioning for future large-scale EPC tenders across national programmes. Operational focus will centre on timely delivery and integration of advanced grid management systems.

SUGS Lloyd was established in 2009 and is an EPC provider for Power Transmission and Distribution, solar and smart grid solutions across India. The company serves blue-chip clients including NTPC, Tata Power, Adani Renewables, Indian Railway and several state DISCOMs and holds over 50 per cent market share in Fault Passage Indicator technology. Its experience under schemes such as RDSS and IPDS has supported steady expansion in Power T&D and solar segments. The firm's track record in grid projects underpins its ability to execute complex contracts.

For H1 FY26 the company reported revenue from operations of Rs 1,230.3 mn, EBITDA of Rs 188.8 mn and net profit of Rs 118.2 mn. The new contract is expected to provide enhanced revenue visibility over the contract period and improve longer term financial predictability. Delivery of the SCADA-DMS integration and plant commissioning will be central to achieving project milestones and client satisfaction. The company noted that risks remain linked to local developments and technological uncertainties which will be managed through robust governance.

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

SUGS Lloyd Limited has secured a major order worth Rs 6,392.4 million (mn), including GST, from Konkan Railway Corporation Limited. The project covers supply, installation, testing and commissioning of a plant contract together with SCADA-DMS systems to be executed over 24 months. The award represents a transformational milestone for the company and materially enhances its order book and multi-year revenue visibility. The scale of the contract reinforces SUGS Lloyd's capabilities in executing large and complex engineering, procurement and construction projects in smart grid and power infrastructure. The contract marks a strategic expansion in the company's Power Transmission and Distribution business and diversifies its project portfolio with a marquee government client. Management indicated that disciplined execution, selective bidding and financial prudence will guide delivery and help the company capitalise on larger opportunities. The order is expected to strengthen the company's positioning for future large-scale EPC tenders across national programmes. Operational focus will centre on timely delivery and integration of advanced grid management systems. SUGS Lloyd was established in 2009 and is an EPC provider for Power Transmission and Distribution, solar and smart grid solutions across India. The company serves blue-chip clients including NTPC, Tata Power, Adani Renewables, Indian Railway and several state DISCOMs and holds over 50 per cent market share in Fault Passage Indicator technology. Its experience under schemes such as RDSS and IPDS has supported steady expansion in Power T&D and solar segments. The firm's track record in grid projects underpins its ability to execute complex contracts. For H1 FY26 the company reported revenue from operations of Rs 1,230.3 mn, EBITDA of Rs 188.8 mn and net profit of Rs 118.2 mn. The new contract is expected to provide enhanced revenue visibility over the contract period and improve longer term financial predictability. Delivery of the SCADA-DMS integration and plant commissioning will be central to achieving project milestones and client satisfaction. The company noted that risks remain linked to local developments and technological uncertainties which will be managed through robust governance.

Infrastructure Urban

06 Jul 2026

ABS Marine Sees CRISIL Credit Rating Upgrade

ABS Marine Services has secured an upgrade to its long term and short term credit ratings from CRISIL, reflecting improved profitability and revenue growth through long term contracts. CRISIL moved the long term rating from BBB+/Stable to A-/Stable and revised the short term rating from A2 to A2+. The action signals strengthened financial metrics and operational resilience. The company benefited from durable client relationships with firms such as ONGC and Schlumberger. The rating decision followed stronger cash flows and an enlarged bank loan facility, which increased from Rs 3,705 million (m..

Infrastructure Transport

06 Jul 2026

Project BRAHMANK Marks 16 Years Of Strategic Roads In Arunachal

Project BRAHMANK is marking 16 years of work to establish strategic road and bridge links across Arunachal Pradesh, maintaining and developing 811 kilometres of roads and nearly 86 bridges that range from small culverts to large steel and arch bridges. These transport links are described as critical for ensuring year-round movement of defence personnel, equipment and essential supplies while improving everyday travel for people in remote villages. The project balances national security requirements with regional development by focusing on reliable access in challenging terrain. Notable enginee..

Infrastructure Transport

06 Jul 2026

Longleng CSOs Give One Week Ultimatum Over Two-Lane Highway

Civil society organisations (CSOs) in Longleng district have demanded immediate restoration of the deteriorating Changtongya–Longleng two-lane road and sought a detailed status report on the stalled construction within one week. The demand followed a consultative meeting convened under the Phom Peoples' Council (PPC) to discuss welfare and development concerns. PPC president YB Angam Phom said prolonged non-maintenance had caused hardship to commuters and affected transportation, local commerce and the district's development. The meeting urged authorities to undertake immediate restoration a..