Sugs Lloyd Limited, a leading electrical engineering EPC firm, has won two government contracts in Bihar worth over Rs 300 crore. The projects involve the construction of a power substation and the installation of high- and low-tension lines to improve Bihar’s electrical infrastructure.
In addition to these projects, Sugs Lloyd announced plans for an Initial Public Offering (IPO) to raise capital for further expansion, including working capital needs. The company specializes in power transmission, substation construction, and solar energy projects and aims to build on its strong track record in executing large-scale infrastructure projects.
