Sugs Lloyd Ltd Secures Contract from TPSODL for Supply and Installation of Fault Passage Indicators
Sugs Lloyd Ltd has received a Letter of Award (LOA) from TP Southern Odisha Distribution Limited (TPSODL). The contract involves the supply, installation, testing, and commissioning (SITC) of 11 KV and 33 KV Fault Passage Indicators (FPI) and Data Communicator Units (DCU).The total order value for Sugs Lloyd Ltd is Rs. 1,80,31,491/-. This domestic contract pertains to the modernization of a power distribution network. The company was informed about the grant of the LOA by TPSODL on June 17, 2026.
The details regarding this order are as follows:
| Particulars | Details of Project |
|---|---|
| Name of the entity awarding the order(s)/contract(s) | TP Southern Odisha Distribution Limited (TPSODL) |
| Nature of order(s) / contract(s) | Supply, Installation, Testing & Commissioning (SITC) of Fault Passage Indicators (FPI) and Data Communicator Units (DCU) for power distribution network modernization. |
| Whether order(s) / contract(s) have been awarded by domestic/international entity | Domestic Entity |
| Time period to execute the order(s)/contract(s) | Delivery period is 75 days from the date of receipt of Release Order. |
| Aggregate order value | Rs. 1,80,31,491/- |
The contract terms state that the transaction does not involve any interest from the promoter or the promoter group companies in TPSODL and is not considered a Related Party Transaction.
Stock Price Movement
Sugs Lloyd Ltd settled at ₹128.00 on Wednesday, posting a solid gain of +0.12%. The shares spent the day trading within an intraday range that spanned from a low of ₹127.50 to a high of ₹134.20.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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