Sugs Lloyd has received two letters of intent (LoIs) aggregating ₹214.27 crore (including GST) from TP Southern Odisha Distribution (TPSODL) and TP Western Odisha Distribution (TPWODL).
The contracts span a three-year period from October 1, 2026, to September 30, 2029, and encompass 11 kV and LT network maintenance, 33 kV network maintenance, and operational assistance for 33/11 kV substations across their respective distribution zones in Odisha. Individually, the TPSODL contract is valued at ₹115.02 crore and the TPWODL contract is valued at ₹99.25 crore.
These comprehensive services will enhance network reliability, support efficient electricity distribution throughout the region, and significantly expand the company's footprint in India's power infrastructure portfolio.
News by Rahul Yelligetti.