Sharika Enterprises Limited Secures ₹1.77 Crore Solar Street Light Order from NTPC Limited

1 min read     Updated on 05 Jan 2026, 04:26 PM
scanx
Reviewed by
Shriram SScanX News Team
Overview

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.

29156205

*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 Day5 Days1 Month6 Months1 Year5 Years
-2.00%+3.63%+1.18%-21.46%-36.91%+70.49%
Sharika Enterprises
View in Depthredirect
like20
dislike

Sharika Enterprises Limited Secures ₹19.26 Lakh Purchase Order from LS Cable India

1 min read     Updated on 26 Dec 2025, 06:23 PM
scanx
Reviewed by
Ashish TScanX News Team
Overview

Sharika Enterprises Limited announced receiving a ₹19.26 lakh purchase order from LS Cable India Private Limited for 24F OPGW Cable supply. The domestic contract, disclosed on December 26, 2025, under SEBI regulations, has a 3-week execution timeline with no related party transaction implications.

28299230

*this image is generated using AI for illustrative purposes only.

Sharika Enterprises Limited has announced securing a purchase order worth ₹19.26 lakh from LS Cable India Private Limited for the supply of 24F OPGW Cable. The company disclosed this development under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015, on December 26, 2025.

Order Details and Specifications

The purchase order encompasses the supply of 24F OPGW (Optical Ground Wire) Cable, a specialized telecommunications infrastructure product. The contract details reveal specific parameters that highlight the nature and scope of this business engagement.

Parameter: Details
Contract Value: ₹19,25,876.00
Product: 24F OPGW Cable
Execution Timeline: 3 Weeks
Contract Type: Domestic Purchase Order
Client: LS Cable India Private Limited

Regulatory Compliance and Disclosure

The announcement follows mandatory disclosure requirements under SEBI regulations, specifically Regulation 30 read with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023. The disclosure was signed by Pushpa Yadav, Company Secretary and Compliance Officer, ensuring proper regulatory adherence.

Contract Structure and Independence

The regulatory filing confirms this is a standard commercial arrangement with no related party transaction implications. Key aspects of the contract structure include:

  • Entity Type: Domestic contract with LS Cable India Private Limited
  • Promoter Interest: No promoter or promoter group companies have any interest in the contracting entity
  • Transaction Nature: Standard purchase order, not classified as a related party transaction
  • Completion Timeline: Three-week execution period from contract award

Business Significance

This order represents Sharika Enterprises Limited's continued engagement in the telecommunications infrastructure sector, specifically in optical fiber cable supply. The contract value of ₹19.26 lakh demonstrates the company's participation in specialized cable manufacturing and supply operations within the domestic market. The three-week execution timeline indicates the company's operational readiness to fulfill specialized telecommunications equipment orders efficiently.

Historical Stock Returns for Sharika Enterprises

1 Day5 Days1 Month6 Months1 Year5 Years
-2.00%+3.63%+1.18%-21.46%-36.91%+70.49%
Sharika Enterprises
View in Depthredirect
like17
dislike
More News on Sharika Enterprises
Explore Other Articles
13.69
-0.28
(-2.00%)