SUGS Lloyd bags Rs 213.48 crore power distribution contract in Punjab
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SUGS Lloyd has received a Letter of Award worth Rs 213.48 crore (including GST) from Marshal Enterprises for power distribution infrastructure works in Punjab under the Revamped Distribution Sector Scheme (RDSS). The contract covers balance LT and HT infrastructure loss reduction projects in Faridkot Circle, Moga District (about Rs 89.88 crore) and Gurdaspur Circle, Pathankot District (about Rs 123.60 crore). SUGS Lloyd will execute as a subcontractor on a back-to-back basis. Completion timeline is 15 months from 21 September 2026.
Strengthens order book and revenue visibility over the next 15 months; boosts presence in the power distribution sector.