Hot Pursuit

24-Sep-2026, 07:20

SUGS Lloyd Limited has received a Letter of Intent (LOI) from the Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) for a project involving the supply, installation, and commissioning of 2,500 units of 18 Watt Solar Street Lighting Systems, including a five-year comprehensive maintenance warranty, with a total order value of Rs 4,68,27,000. The company received notification of the LOI via email on September 23, 2026, and the project falls under domestic entity contracts, with a per-system value of Rs 18,730.80, and confirms that no promoter or group companies have any interest in UPNEDA.