SUGS Lloyd Limited Wins Rs 43.38 Crore Infrastructure Loss Reduction Contract from Punjab State Power Corporation

SUGS Lloyd Limited announced the award of a significant infrastructure contract by Punjab State Power Corporation Ltd., following official communication on December 1, 2025. The contract pertains to execution of Low Tension (LT) and High Tension (HT) infrastructure loss reduction works on a turnkey basis, in line with the objectives of the Restructured Distribution Sector Scheme (RDSS) in Punjab.

The contract value, inclusive of GST, stands at Rs 43,37,82,924, approximately Rs 43.38 crore. The scope involves reducing transmission and distribution losses in the electric power supply network, critical for improving system efficiency and reducing costs.

The project tenure is two years from the issuance date of the Notification of Award (NOA). This win reinforces SUGS Lloyd’s strong presence in power infrastructure and its alignment with government initiatives targeting improved power distribution infrastructure.

The contract is purely domestic and does not involve related party transactions or promoters’ interests, underscoring transparency and governance standards.

Key Highlights

SUGS Lloyd Limited awarded Rs 43.38 crore turnkey contract by Punjab State Power Corporation.

Project involves LT and HT infrastructure loss reduction under RDSS scheme.

Contract value inclusive of GST: Rs 43,37,82,924.

Project to be completed within 2 years of NOA issuance.

No promoters’ or related parties’ involvement in the contract.

Strengthens SUGS Lloyd’s footprint in power sector infrastructure projects.

Sources: SUGS Lloyd Limited Disclosure Document dated December 2, 2025