Sharika Enterprises Secures Rs. 7.7 Crore Order from UPPTCL
Filing Summary
Sharika Enterprises Ltd has received an order valued at approximately Rs. 7.7 crore from UP Power Transmission Corporation Limited (UPPTCL). The contract involves the design, engineering, manufacture, and supply of 132KV, 630 mm2 Single Core Aluminium Conductor Corrugated Aluminium Sheathed XLPE Cable, along with accessories. The project also includes cable laying, erection of joints and terminations, and final testing and commissioning of a 1.7 KM underground portion of the 132 KV DC Sonik-Sarain Katiyan/Murtazanagar line. The project is to be completed within nine months.
Sharika Enterprises Ltd has announced the receipt of an order from UP Power Transmission Corporation Limited (UPPTCL), a government undertaking of Uttar Pradesh. The order, valued at approximately Rs. 7,72,77,473, involves the design, detailed engineering, manufacture, and supply of 132KV, 630 mm2 Single Core Aluminium Conductor Corrugated Aluminium Sheathed XLPE Cable with accessories. The scope of the project also includes cable laying, erection of joints and terminations, and final testing and commissioning of an underground portion measuring approximately 1.7 KM of the 132 KV DC Sonik-Sarain Katiyan/Murtazanagar line.
This contract is structured as a turn-key project, requiring completion within a period of nine months. The project does not involve any related party transactions, and neither the promoter nor the promoter group of Sharika Enterprises has any interest in UPPTCL.
The order was awarded by a domestic entity, UPPTCL, which is responsible for the transmission of electricity within the state of Uttar Pradesh. The project aims to enhance the transmission infrastructure by implementing advanced cable technology.
UP Power Transmission Corporation Limited is a government entity focused on the transmission of electricity in Uttar Pradesh. It undertakes various projects to improve the state’s power transmission network, ensuring efficient and reliable electricity supply.
Sharika Enterprises Ltd specializes in providing engineering solutions and services in the power sector. The company focuses on delivering comprehensive solutions for power transmission and distribution, leveraging its expertise in engineering and project management to execute projects efficiently.