SUGS Lloyd Limited has received a Letter of Award dated 21 September 2026 from Marshal Enterprises for power distribution infrastructure works in Punjab valued at approximately ₹213.48 crore, including GST. The works are to be completed within 15 months from the date of the award.
The contract covers the balance supply and installation works for low-tension and high-tension infrastructure loss reduction projects under the Revamped Distribution Sector Scheme. It includes Faridkot Circle, covering Moga District, with an award value of approximately
₹89.88 crore, and Gurdaspur Circle, covering Pathankot District, valued at approximately
₹123.60 crore. These projects were originally awarded to Marshal Enterprises by Punjab State Power Corporation Limited. SUGS Lloyd will execute the balance works as a subcontractor on a back-to-back basis. The scope includes supply of plant and materials, installation, supervision, testing and commissioning, supported by deployment of the required manpower, machinery and equipment.
Mr Santosh Shah, Managing Director of SUGS Lloyd Limited stated that this contract is an important addition to their order book and an opportunity to strengthen their presence in the power distribution sector. Their focus will be on timely mobilisation, quality work and disciplined execution. Successful execution will help them build project credentials and support the company growth.
