SUGS Lloyd Limited Secures ₹85.45 Lakh Order from Dakshin Gujarat Vij Company Limited

1 min read     Updated on 23 Sept 2025, 07:16 PM
scanx
Reviewed by
Jubin VergheseScanX News Team
whatsapptwittershare
Overview

Sugs Lloyd Limited has won a contract worth ₹85.45 lakh from Dakshin Gujarat Vij Company Limited (DGVCL) to supply, install, test, and commission 1,200 Fault Passage Indicators for 7-13 KV overhead lines. The project has a 45-day commencement period from September 11, 2025, followed by a 2-month delivery period in equal monthly lots. While not a material event under SEBI regulations, the company disclosed this information for stakeholder benefit.

20180804

*this image is generated using AI for illustrative purposes only.

Sugs Lloyd Limited, a company specializing in electrical equipment and solutions, has recently secured a significant order from Dakshin Gujarat Vij Company Limited (DGVCL). The contract, valued at ₹85.45 lakh, involves the supply, installation, testing, and commissioning of 1,200 Fault Passage Indicators for 7-13 KV overhead lines.

Order Details

The company disclosed the following specifics about the order:

Aspect Details
Client Dakshin Gujarat Vij Company Limited (DGVCL)
Tender Reference DGVCL/SP/2510/ Fault Passage Indicators (FPI)
Scope of Work Supply, Installation, Testing and Commissioning (S.I.T.C.) of Fault Passage Indicators for 7 KV to 13 KV overhead lines
Quantity 1,200 Units
Total Order Value (including 18% GST) ₹85.45 lakh

Project Timeline

The delivery schedule for this project is set within a tight timeframe:

  • Commencement period: 45 days from the Letter of Award (LOA) date of September 11, 2025
  • Delivery period: Within 2 months after the commencement period
  • Delivery method: In equal monthly lots

Company Statement

Sugs Lloyd Limited has clarified that while this order does not constitute a material event under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, they have chosen to disclose this information for the benefit of stakeholders and to ensure wider public dissemination.

About Fault Passage Indicators

Fault Passage Indicators are crucial components in electrical distribution systems, helping to quickly identify and locate faults in overhead power lines. This technology can significantly reduce downtime and improve the efficiency of power distribution networks.

The securing of this order by Sugs Lloyd Limited demonstrates the company's capabilities in providing essential equipment for power distribution infrastructure. It also highlights the ongoing efforts to enhance and modernize the electrical grid in Gujarat, potentially leading to improved reliability and reduced outage times for consumers in the region.

Historical Stock Returns for Sugs Lloyd

1 Day5 Days1 Month6 Months1 Year5 Years
+7.04%+7.10%-16.69%-16.69%-16.69%-16.69%
Sugs Lloyd
View in Depthredirect
like17
dislike

SUGS Lloyd Secures Strategic Fault Passage Indicator Contract from DGVCL

1 min read     Updated on 21 Sept 2025, 11:40 PM
scanx
Reviewed by
Riya DeyScanX News Team
whatsapptwittershare
Overview

Sugs Lloyd Limited has won a contract from Dakshin Gujarat Vij Company Limited (DGVCL) to install Fault Passage Indicators (FPIs) on 7-13 KV overhead lines in Gujarat. The project aims to enhance grid resilience and reduce outage durations. Installation will occur every 600 meters using insulated hot sticks, with completion expected within two months after a 45-day mobilization period. This contract aligns with Sugs Lloyd's expansion strategy in Gujarat and supports India's power sector modernization efforts.

20023848

*this image is generated using AI for illustrative purposes only.

Sugs Lloyd Limited, a prominent integrated EPC player specializing in electrical transmission and distribution, solar, and civil projects, has announced a significant contract win from Dakshin Gujarat Vij Company Limited (DGVCL). The turnkey project involves the supply, installation, testing, and commissioning of Fault Passage Indicators (FPIs) across 7 KV to 13 KV overhead lines in Gujarat.

Project Details

The contract encompasses the installation of state-of-the-art FPIs using insulated hot sticks (20 KV) at every 600-metre unit. This strategic implementation is designed to:

  • Boost grid resilience
  • Minimize downtime
  • Ensure faster restoration during outages

The project is set for completion within two months, following a 45-day mobilization period.

Enhancing Grid Infrastructure

The deployment of FPIs is expected to revolutionize fault management processes by providing real-time detection capabilities. This advancement aims to reduce outage durations and improve consumer satisfaction for DGVCL, one of Gujarat's key distribution companies.

Company Perspectives

Santosh Shah, Chairman of Sugs Lloyd, emphasized the significance of the contract, stating, "This contract reflects our commitment to developing and implementing innovative EPC solutions that directly contribute to India's power sector modernization and energy transition goals."

CEO Satyakam Basu highlighted the strategic importance of this project, saying, "Deepening our presence in Gujarat is an important step in our expansion strategy. Our work with DGVCL complements our broader efforts across India to deliver tailored EPC and grid automation services."

About Sugs Lloyd Limited

Sugs Lloyd Limited, founded in 2009 and headquartered in Noida, Uttar Pradesh, is recognized for its expertise in delivering comprehensive EPC services in the renewable energy and power transmission sectors. The company's core offerings include:

  • Solar power project execution
  • Electrical transmission & distribution systems
  • Civil infrastructure development

Sugs Lloyd is committed to quality, innovation, and supporting India's energy transition through reliable EPC execution.

This contract win underscores Sugs Lloyd's growing presence in Gujarat and its commitment to enhancing India's power sector infrastructure. The implementation of advanced fault detection technology is expected to play a crucial role in improving the reliability and efficiency of the state's power distribution network.

Historical Stock Returns for Sugs Lloyd

1 Day5 Days1 Month6 Months1 Year5 Years
+7.04%+7.10%-16.69%-16.69%-16.69%-16.69%
Sugs Lloyd
View in Depthredirect
like16
dislike
Explore Other Articles
104.85
+6.90
(+7.04%)