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Award13 Aug 2026, 11:48 am

Sharika Enterprises Wins ₹10.4 Cr SPV Street Lighting Order

AI Summary

Sharika Enterprises Ltd has received a significant work order from Punjab Energy Development Agency, a Punjab Government Undertaking. The order is for the design, supply, installation, and commissioning of 12-watt LED-based SPV Street Lighting Systems across the State of Punjab. The total consideration for this project amounts to Rs. 10,42,38,292/-. The contract is to be executed within 120 days. This award signifies a substantial business win for Sharika Enterprises in the renewable energy and infrastructure sector.

Key Highlights

  • Secured a work order worth ₹10.42 crore from Punjab Energy Development Agency.
  • Project involves SPV Street Lighting Systems across Punjab.
  • Execution timeline for the contract is 120 days.
  • The contract is with a domestic government undertaking.
  • No promoter interest in the awarding entity.