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Sharika Enterprises Wins INR 8 Crore Orders for Renewable Energy Projects from JSW
Team Finance Saathi
28/Dec/2024
What's covered under the Article:
- Sharika Enterprises has secured pilot projects worth INR 8 crore from JSW Renew Energy entities.
- The projects involve converting 33kV overhead lines into underground cabling systems for wind farms.
- These projects will improve the efficiency of power evacuation from wind farms in Maharashtra and Karnataka.
Sharika Enterprises Makes Big Move in Renewable Energy Sector with JSW Renew Energy Orders
Sharika Enterprises Limited (SEL), a leading name in the power sector, has successfully secured purchase orders worth over INR 8 crore from JSW Renew Energy entities. This achievement marks a significant step in Sharika’s expansion into the renewable energy sector, underscoring its ability to deliver critical infrastructure solutions for sustainable energy projects. The orders are part of a series of pilot projects aimed at enhancing power transmission infrastructure in India’s wind energy sector.
Transforming Power Transmission with Underground Cabling Systems
Under the newly awarded contracts, Sharika Enterprises will undertake the task of converting 33kV overhead lines into underground cabling systems. The projects are located at two strategic wind farm locations in Maharashtra and Karnataka. These pilot projects will focus on the supply and installation of underground cables that will connect multiple wind turbines within the farms. The significance of these projects cannot be overstated as underground cabling offers several advantages over traditional overhead lines, such as:
- Reduced environmental impact: Underground cables minimize the visual impact on the surrounding environment and reduce the ecological footprint.
- Improved reliability: Underground systems are more reliable than overhead lines, reducing the likelihood of outages due to weather conditions.
- Operational efficiency: Underground cables lower maintenance requirements and are more resilient, ensuring long-term cost savings.
These benefits align perfectly with Sharika Enterprises’ commitment to sustainability, helping to address the challenges of Right of Way (ROW) and contributing to the growth of renewable energy in India.
A Commitment to Innovation and Excellence
The projects employ cutting-edge underground cable technology, ensuring enhanced grid connectivity and supporting the country’s sustainable energy objectives. The focus is on providing long-term infrastructure solutions that facilitate the efficient evacuation of power from wind farms, an essential step in scaling up India’s renewable energy generation capacity. By leveraging innovative technology, Sharika Enterprises is positioning itself as a trusted partner in critical infrastructure projects within the renewable energy domain.
According to Mr. Ravinder Bhan, the Chief Operating Officer (COO) of Sharika Enterprises, "Our collaboration with JSW Renew Energy reflects our leadership in providing state-of-the-art solutions in the power infrastructure segment. We are committed to executing these projects efficiently and with the highest standards of quality."
Building a Sustainable Future
These projects are just the beginning for Sharika Enterprises in the renewable energy sector. Upon successful completion of these pilot projects, the company expects to expand its role in larger-scale implementations, potentially making it the go-to partner for innovative power transmission solutions across the renewable energy industry. Sharika’s ongoing focus on sustainability and technology-driven innovation will play a pivotal role in strengthening India’s energy infrastructure as the country pushes forward with its renewable energy goals.
About Sharika Enterprises Limited
With a legacy of excellence in the power sector, Sharika Enterprises Limited has made significant strides in transmission and distribution. The company is committed to transforming India’s energy landscape by integrating smart grid technologies and delivering sustainable solutions. Sharika has also made remarkable progress in the solar power industry, successfully implementing a wide range of solar PV projects. These include Grid-connected solar systems, Off-Grid solutions, Battery Energy Storage Systems, EV Charging Systems, and more. The company’s expertise spans real-time solar monitoring, solar street lights, and microgrids, making it a pioneer in renewable energy solutions.
Driving India’s Renewable Energy Future
As India focuses on reducing its carbon footprint and increasing its renewable energy share, companies like Sharika Enterprises are at the forefront of supporting these national objectives. Through projects like these, Sharika continues to pave the way for green energy solutions that will have a lasting impact on the country’s energy infrastructure.