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Sharika Enterprises receives purchase orders from JSW Renew Energy entities

28 Dec 2024 Evaluate

Sharika Enterprises (SEL) has received purchase orders worth more than Rs 8 crore from JSW Renew Energy entities. These orders are for delivering high-quality products and services in the renewable energy domain. The company has secured pilot projects from JSW Renew Energy to convert 33kV overhead lines into underground cabling systems at two strategic locations. Under this turnkey initiative, the company will oversee the complete supply and installation of the underground cabling systems. These projects focus on enhancing the reliability of power evacuation from wind farms in Maharashtra and Karnataka.

Each location involves the supply and installation of 33kV underground cables that will connect multiple wind turbines within the wind farms. These underground systems are crucial for efficient power transmission, offering significant advantages over traditional overhead systems by reducing environmental impact, minimizing visual and ecological footprints, and ensuring reduced Right of Way (ROW) challenges. Additionally, underground cables reduce maintenance needs and are more reliable than overhead lines, lowering operational costs and the likelihood of unexpected outages. These benefits align with Sharika’s commitment to delivering sustainable, innovative solutions that meet India’s renewable energy ambitions.

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.


Sharika Enterprises Share Price

13.00 0.47 (3.75%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Redington 234.90
Adani Enterprises 2218.35
Amrapali Industries 17.53
Rashi Peripheral 455.25
PDS 301.45
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