Mumbai, June 18 -- The order is for the supply, installation, testing and commissioning (SITC) of Fault Passage Indicators (FPI) and Data Communicator Units (DCU) for power distribution network modernization.

The contract, valued at Rs 1.80 crore, involves the deployment of 11 KV and 33 KV Fault Passage Indicators along with Data Communicator Units aimed at enhancing the efficiency and reliability of the power distribution network.

The project is to be executed within 75 days from the date of receipt of the release order. TPSODL is a domestic entity, and the contract has been awarded on standard contractual terms.

SUGS Lloyd further clarified that neither its promoters nor promoter group entities have any interest in TPSODL. The transa...