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Sugs Lloyd Limited, an integrated EPC company with expertise in electrical transmission and distribution, solar, and civil projects, has announced receiving a major order valued at INR 3271.69 lakhs from the South Bihar Power Distribution Company Limited (SBPDCL). The order covers the Ongrid Electrification of Decentralized Distributed Generation (DDG) connected areas in the districts of Jamui, Banka, Nawada, Munger, and Lakhisarai in Bihar.
Project Scope and Government Initiative
The project has been sanctioned under the Revamped Reforms-Based and Results-Linked Distribution Sector Scheme (RDSS), a government initiative aimed at strengthening India's power distribution network. The focus of this project is on remote and challenging regions, including hilly and forested areas, where reliable access to electricity has remained a challenge. As part of the scope of work, Sugs Lloyd will carry out the Ongrid Electrification of villages currently connected through off-grid or DDG systems.
The company will be responsible for the erection of 11 KV and LT lines, installation of distribution substations (DSS), providing service connections to rural households, and executing comprehensive design, supply, installation, testing, and commissioning.
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Project Timeline and Leadership Response
The project has a strict timeline and is scheduled for completion within 12 months from the date of award. Mr. Santosh Shah, Promoter and Chairperson of Sugs Lloyd Limited, stated, “This order strengthens our partnership with SBPDCL and demonstrates our capability to deliver complex power distribution projects in challenging geographies.” The order highlights the company's growing reputation as a trusted partner in India's power distribution sector.
It also reflects Sugs Lloyd's commitment to building reliable and sustainable infrastructure that improves the quality of life in rural communities. By executing projects of this scale, the company contributes to the government's vision of achieving universal electrification and strengthening the power sector.
Recent Market Entry and Financial Position
The award comes at a time when Sugs Lloyd Limited has recently entered the stock markets, successfully raising INR 85.65 crore in its debut. The combination of a strong order book and a fresh capital infusion positions the company to expand its operations and undertake larger projects in the future. This achievement not only strengthens its presence in the EPC space but also demonstrates its ability to deliver transformative projects that align with India's energy and development goals.
The project marks a significant milestone for the company as it continues to establish itself in the power distribution sector, addressing critical infrastructure needs in rural Bihar communities.
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