Intimation of Receipt of Order from TP Western Odisha Distribution Limited
Price
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Awaiting price reaction for this filing.
Sharika Enterprises has received an order worth Rs. 1,18,24,039.90 (approximately ₹1.18 crore) from TP Western Odisha Distribution Limited (TPWODL), a joint venture of Tata Power and the Government of Odisha. The order involves supply, installation, testing and commissioning of Feeder Remote Terminal Units (FRTU) and accessories. The contract is domestic and must be completed within 90 days. The order is not a related party transaction, and neither the promoter group nor group companies have any interest in TPWODL.
This is a modest-sized domestic order from a reputed government-backed discom, adding to the company's order book. While the value is small, winning business from a Tata Power–Government JV lends credibility and could support future order flow. Short-term stock impact is likely limited given the size of the contract.