Intimation of receipt of order from Power Grid Corporation of India Limited
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Sharika Enterprises has received an order worth Rs. 1.36 crore (Rs. 1,35,68,800) from Power Grid Corporation of India Limited, a Government of India enterprise. The order is for supply and installation of a 329 kWp rooftop grid-connected solar PV system. The project is to be completed within 6 months and includes a 5-year comprehensive maintenance contract. The order is purely domestic and there is no related party interest involved.
This is a modest but positive order win from a prestigious government PSU client, adding to Sharika's order book in the solar EPC segment. While the contract value is relatively small, it strengthens the company's credentials in government-backed renewable energy projects and provides revenue visibility over the next 6 months plus a 5-year maintenance tail.