Sharika Enterprises has signed a Consultancy Service Agreement with LS Cable & System (LSCNS), South Korea for promoting and offering New Cable technologies and solutions - HVDC Cable to Indian Customers. As a part of this agreement, LSCNS has secured HVDC underground Cable for establishment of +320KV, 1X1000 MW VSC based HVDC Scheme in Mumbai of Adani Electricity Mumbai Infra (AEMIL).
The scope of this agreement is not limited to this project and will translate in to more similar business opportunities and technology implementation in near time for major bulk Power Evacuation & Transmission projects in India. This agreement is expected to generate consultancy revenue for the company to the time of Rs 3-4 crore per annum over a period of next 3-5 years, depending upon the progress of such project in India & in particular the above given project.
Sharika Enterprises operate in the infrastructure sphere in India focusing on the power sector and work with international and Indian power equipment manufacturers and involved in project management/EPC contractors.
| Company Name | CMP |
|---|---|
| Redington | 234.90 |
| Adani Enterprises | 2218.35 |
| Amrapali Industries | 17.53 |
| Rashi Peripheral | 455.25 |
| PDS | 301.45 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: