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SUGS Lloyd bags two LoIs worth Rs 214.27 crore from TPSODL, TPWODL

01 Sep 2026 Evaluate

SUGS Lloyd has received two letters of intent (LoIs) aggregating to Rs 214.27 crore (Including GST) from TP Southern Odisha Distribution (TPSODL) and TP Western Odisha Distribution (TPWODL). The company has received first LoI worth Rs 115.02 crore (Including GST) from TPSODL for 11 kV & LT Network Maintenance & Allied Works, 33 kV Network Maintenance and Operational Assistance of 33/11 kV Sub-Stations of TPSODL. 

The company has secured another LoI worth Rs 99.25 crore from TPWODL for 11 kV & LT Network Maintenance & Allied Works, 33 kV Network Maintenance and Operational Assistance of 33/11 kV Sub-Stations of TPWODL. Both the orders are to be executed within three years (October 01, 2026 to September 30, 2029).

Sugs Lloyd offers a range of Engineering, Procurement, and Construction (EPC) services. These include meeting the needs of electrical transmission and distribution, civil projects, and solar energy projects for both government and non-government organizations.

Peers
Company Name CMP
Larsen & Toubro 3673.90
Kalpataru Projects 1441.10
NCC 125.95
Rail Vikas Nigam 193.70
KEC International 361.40
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