Intimation of Receipt of order from East India Udyog Ltd
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Sharika Enterprises Ltd has received a work order worth Rs. 24.90 crore (approximately Rs. 249 million) from East India Udyog Ltd acting on behalf of Uttarakhand Power Corporation. The order is under the Ganga Corridor RDSS scheme and involves supply, installation, and facility management services (FMS) of RTUs, FRTUs, FPIs, and SCADA-OMS-DMS infrastructure for power distribution systems. The contract is domestic, awarded by a government power utility, and is scheduled for completion by September 2027. The company confirmed there is no related party involvement.
This is a positive development as the order value of Rs. 24.90 crore represents a significant contract that could contribute meaningfully to the company's revenue and order book. The government-linked nature of the project provides execution confidence.