Intimation of Receit of order from UP Power Transmission Corporation Limited
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Sharika Enterprises Ltd has received a turn-key order from UP Power Transmission Corporation Limited (UPPTCL), a UP Government Undertaking. The order is worth Rs. 7,72,77,472.84 (approximately Rs. 7.72 crore) and involves design, engineering, manufacture, supply, laying, testing and commissioning of 132KV XLPE cables for an underground portion of about 1.7 KM on the Sonik-Sarain Katiyan/Murtazanagar line. The project is domestic in nature and is to be completed within 9 months. The contract has no related party involvement and was awarded to the company directly.
This is a new order addition to the company's order book from a government PSU client, which adds revenue visibility for the next 9 months and reflects continued business traction in the power transmission segment. For shareholders, it signals ongoing order inflow, though the absolute size is modest.