Sugs Lloyd Secures ₹3.37 Crore Order from Madhya Pradesh Power Utility, Boosts Grid Solutions Portfolio
Noida, July 06, 2026: SUGS Lloyd Limited, a leading EPC company focused on power T&D, solar projects, and smart grid solutions across India, has secured a contract worth ₹3.37 crore (including GST) from Madhya Pradesh Paschim Kshetra Vidyut Vitaran Company Limited (MPPKVVCL).The deal involves the Design, Supply, Installation, Testing, and Commissioning of 11 KV and 33 KV Fault Passage Indicators (FPI). This work includes integration with the existing and upcoming SCADA-DMS/ADMS system at the Indore SCADA Control Centre, along with providing communication infrastructure and a five year Annual Maintenance Contract (AMC). The project is scheduled for completion within 70 days.
This contract is set to strengthen Sugs Lloyd’s order book and reinforce its presence in the smart grid sector. Industry experts note that such projects are crucial for enhancing power distribution network efficiency by enabling faster fault detection, minimizing outage durations, and improving grid visibility through advanced automation technologies.
Expanding Order Wins Across Power Sector
The contract with MPPKVVCL is part of a series of strategic project wins that indicate strong business momentum for Sugs Lloyd in the renewable energy and power distribution space. The company has recently secured several significant orders:| Client | Project Scope | Value (including GST) | Key Details |
|---|---|---|---|
| Madhya Pradesh Paschim Kshetra Vidyut Vitaran Company Limited (MPPKVVCL) | Design, Supply, Installation of FPIs integrated with SCADADMS/ADMS system. | ₹3.37 crore | Includes 5 years AMC and communication infrastructure. |
| North Bihar Power Distribution Company Limited | Execution of 16 MW grid-connected rooftop solar projects under PM Surya Ghar: Muft Bijli Yojana. | Approximately ₹56.57 crore | Letters of Award (LOAs) secured. |
| TP Southern Odisha Distribution Limited | SITC of 11 kV and 33 kV Fault Passage Indicators (FPI) and Data Communication Units (DCU). | ₹1.80 crore | Letter of Award (LOA). |
Company Profile and Financial Snapshot
SUGS Lloyd Limited is an established EPC company, active since 2009, specializing in Power T&D, solar, and smart grid solutions nationwide. The company serves major blue-chip clients including NTPC, Tata Power, the Indian Railway, and various state DISCOMs. It holds over 50% market share in Fault Passage Indicator (FPI) technology and continues to grow in the Power T&D and Solar Segments.For the financial year 2026 (FY26), the company reported key operational metrics as follows:
| Metric | Value |
|---|---|
| Revenue from Operations | ₹300.73 crore |
| EBITDA | ₹43.55 crore |
| Net Profit | ₹28.69 crore |
Mr. Santosh Shah, Chairman and Promoter of SUGS Lloyd Limited, commented on the recent order receipt stating that he is pleased to be associated with this critical project, noting that India's power sector is undergoing a rapid digital transformation. He added that such projects will further strengthen the company’s market position and contribute to its sustainable long-term growth by leveraging technical expertise to deliver innovative and reliable solutions.
Stock Price Movement
Sugs Lloyd Ltd is edging higher as of 13:22, trading at ₹127.50, which reflects a solid 1.55% gain. The shares are currently moving within an intraday range set between the low of ₹125.45 and the high of ₹130.60.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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