Sharika Enterprises Limited has been awarded two significant government contracts worth a combined ₹1.58 crore. These contracts include supply and installation projects for Delhi Metro Rail Corporation and UP Power Transmission Corporation, marking a strong business growth phase through strategic government collaborations.
Sharika Enterprises Limited announced receiving two major government orders on November 11, 2025, signaling a boost in its infrastructure business pipeline. The company secured an order from Delhi Metro Rail Corporation Limited (DMRC), a joint venture of the Government of India and Government of Delhi, valued at ₹80.85 lakh for supplying and installing link boxes and cable outer sheath jacket sleeves in DMRC’s traction department. The project completion is expected within 9 months.
Additionally, Sharika secured a ₹7.72 crore turnkey contract from UP Power Transmission Corporation Limited (UPPTCL), a Uttar Pradesh government undertaking. The contract involves designing, engineering, manufacturing, supplying, laying cables, and commissioning underground high voltage cables (132KV) across a 1.7 KM stretch for the Sonik-Sarain Katiyan Murtazanagar line, with an identical 9-month completion timeline.
Neither contract involves related party transactions, and the promoter group has no interest in the awarding entities, ensuring transparency. These orders reinforce Sharika’s position in the power and metro infrastructure sectors, diversifying its revenue sources and supporting growth.
Key Highlights:
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DMRC contract worth ₹80.85 lakh for traction cable components with a 9-month delivery timeline
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UPPTCL ₹7.72 crore turnkey contract for a 1.7 KM underground 132 KV cable project.
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Both contracts awarded by Government of India/State entities, non-related party transactions.
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Strengthens Sharika’s presence in critical infrastructure sectors like metro rail and power transmission.
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Promoter group has no interest in awarding organizations, ensuring regulatory compliance.
Sources: Sharika Enterprises Ltd, SEBI filings, DMRC, UP Power Transmission Corporation