Intimation of Receipt of order from NTPC Limited
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Sharika Enterprises Ltd has secured an order from NTPC Limited, a government-owned power major, valued at Rs. 1,77,16,200 (approximately Rs. 1.77 crore). The scope covers supply, installation, commissioning, and annual maintenance of integrated solar street lights in peripheral villages of NTPC Talcher. The execution timeline is 6 months, followed by a 5-year Annual Operation & Maintenance (AMC) contract. This is a domestic order and is not a related-party transaction.
This is a positive development as it adds a government-backed order with recurring AMC revenue over 5 years, though the order size appears modest and the materiality relative to overall revenue is not confirmed.