Corporate Actions

Safety Controls & Devices Limited secures Rs 10.157 crore contract from UPPTCL for substation work

22-Oct-26   21:08 Hrs IST

Safety Controls & Devices Limited announced it has received a Letter of Intent/Letter of Award (LOI/LOA) from U.P. Power Transmission Corporation Limited (UPPTCL) for an engineering, supply, erection, and commissioning contract valued at Rs 10.157 crore. The order, received on October 21, 2026, involves the turnkey execution of a 220kV GIS Bay and a 33kV GIS Bay, including a 60MVA power transformer, at the Kanpur Road substation in Lucknow, aimed at enhancing capacity from 360MVA to 4x60MVA. The company secretary, Shiva Nigam, confirmed that no promoters or related parties have any interest in UPPTCL, and the contract was awarded through a competitive e-tendering process at arm’s length.

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