Sugs Lloyd Ltd. Secures Rs. 639.24 Crore Contract from Konkan Railway Corporation Limited
Sugs Lloyd Ltd. announced on March 18, 2026, that it has received Letters of Award (LOA) from Konkan Railway Corporation Limited for a significant plant contract. The total order value, including Goods and Services Tax (GST), amounts to Rs. 639.24 crores (Rupees Six Hundred Thirty Nine Crore and Twenty Four Lakhs Only).The contract encompasses the supply, installation, testing, and commissioning of plant equipment, including SCADA-DMS work, for projects being executed by Konkan Railway Corporation Limited. The work is expected to be completed within 24 months from the date of the Letters of Award.
Key details of the contract are summarized below:
| Particulars | Details of Project |
|---|---|
| Name of the entity awarding the order(s)/contract(s) | Konkan Railway Corporation Limited |
| Nature of order(s) / contract(s) | Supply, Installation, Testing and Commissioning of Plant Contract including SCADA-DMS Work |
| Entity Type | Domestic Entity |
| Time period for execution | 24 months |
| Order Value (Including GST) | Rs. 639.24 crores (Rupees Six Hundred Thirty Nine Crore and Twenty Four Lakhs Only) |
| Promoter/Group Interest | No |
| Related Party Transaction | No |
Konkan Railway Corporation Limited informed the company about the LOA via email on March 17, 2026.
Nimmy Singh Chauhan, Company Secretary and Compliance Officer for Sugs Lloyd Limited, confirmed the receipt of the LOA.
Source:
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