Sharika Enterprises Limited Secures ₹1.77 Crore Solar Street Light Order from NTPC Limited
Sharika Enterprises Limited has secured a ₹1.77 crore order from NTPC Limited for integrated solar street lights in peripheral villages of NTPC Talcher. The contract includes 6-month execution period and 5-year maintenance, with no related party transactions involved. This domestic order strengthens the company's position in renewable energy infrastructure and rural electrification projects.

*this image is generated using AI for illustrative purposes only.
Sharika Enterprises Limited has announced securing a substantial order from NTPC Limited worth ₹1,77,16,200.00 for solar street lighting infrastructure. The company disclosed this development through a regulatory filing under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Contract Details and Scope
The comprehensive order encompasses the supply, installation, commissioning, and annual maintenance contract (AMC) of integrated solar street lights in peripheral villages of NTPC Talcher. This project represents a significant step in rural electrification and sustainable energy infrastructure development.
| Parameter: | Details |
|---|---|
| Contract Value: | ₹1,77,16,200.00 |
| Awarding Entity: | NTPC Limited |
| Project Location: | Peripheral Villages of NTPC Talcher |
| Contract Type: | Domestic Order |
| Nature: | Supply, Installation, Commissioning and AMC |
Project Timeline and Execution
The contract stipulates a structured timeline for project completion and ongoing maintenance responsibilities. The execution phase spans 6 months, followed by an extended maintenance period.
| Timeline Component: | Duration |
|---|---|
| Execution Period: | 6 months |
| Annual Operation & Maintenance: | 5 years |
| Total Project Duration: | 5 years 6 months |
Regulatory Compliance and Disclosure
The company has confirmed that this contract does not involve any related party transactions. Additionally, the promoter, promoter group, or group companies have no interest in NTPC Limited, the entity awarding the contract. This ensures complete transparency and adherence to regulatory requirements.
Key compliance aspects include:
- No related party transaction involvement
- No promoter group interest in the awarding entity
- Full compliance with SEBI disclosure requirements
- Domestic contract classification
Business Impact
This order reinforces Sharika Enterprises Limited's position in the renewable energy infrastructure sector, particularly in solar-powered street lighting solutions. The project aligns with India's rural electrification initiatives and sustainable energy goals, providing the company with both immediate revenue and long-term maintenance income through the 5-year AMC component.
The contract represents a significant business development for the company, combining immediate installation revenue with recurring maintenance income over the extended operational period.
Historical Stock Returns for Sharika Enterprises
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -2.00% | +3.63% | +1.18% | -21.46% | -36.91% | +70.49% |



































