Noida: SUGS Lloyd Limited (BSE – SME: 544501) has received a Letter of Award from BSES Yamuna Power Limited for a Network Maintenance Contract valued at ₹84.36 crore, including GST. The scope of work covers maintenance of EHV grids, 11 kV electricity distribution networks, and streetlight infrastructure in the Central Circle of Delhi. The contract will be executed over a period of three years from February 1, 2026, to January 31, 2029.
The service-oriented nature of the contract is expected to support steady revenue recognition over the contract tenure and aligns with the company’s focus on power distribution and urban infrastructure services. The engagement reflects the company’s operational capabilities in managing large-scale electricity distribution networks in high- density urban environments.
The award from a leading domestic power distribution utility reflects continued confidence in SUGS Lloyd’s technical capabilities and execution experience in managing critical urban power infrastructure. The contract structure also provides operational stability compared to standalone project-based engagements.
Satyakam Basu, CEO, Sugs Lloyd Limited, said: “The contract reinforces SUGS Lloyd’s strategic focus on the Transmission and Distribution (T&D) segment, which continues to remain a core growth driver for the company. The order reflects sustained demand for network maintenance and grid reliability solutions and is consistent with the company’s long-term objective of expanding its presence in critical power infrastructure across urban and semi-urban regions.”
