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Sharika Enterprises Share Price Surges Over 9% on Securing 33KV Switchgear Supply Order from JSW Renew Energy

Written by: Team Angel OneUpdated on: 4 Sept 2025, 6:06 pm IST
Sharika Enterprises share price surges over 9% as it wins a contract from JSW Renew Energy to supply 33KV smart SF6 switchgear for a wind farm project.
Sharika Enterprises Share Price Surges Over 9% on Securing 33KV Switchgear Supply Order from JSW Renew Energy
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Sharika Enterprises Limited has announced that it has secured a contract from JSW Renew Energy Three Limited. The order covers the supply of 33KV outdoor smart SF6 load break switches (LBS) for a wind farm project. The company informed the exchanges of this development on September 3, 2025.

Continuation of Earlier Work

This project follows Sharika’s earlier role in supplying underground cables for JSW’s wind operations. The two companies have been working together to strengthen renewable energy infrastructure, with a focus on stable and efficient power distribution systems.

Underground Cabling Shift

The use of underground cabling in solar and wind farms is replacing traditional overhead lines. This shift aims to increase the availability of renewable generation while reducing the chances of outages. The system design also enables ring operation and self-healing functions for improved grid stability.

Technical Specifications

The order includes SF6 gas-insulated load break switches. These are intended as an alternative to traditional Ring Main Units (RMUs). The switches are designed to provide safety, operational flexibility, and cost efficiency, making them suitable for renewable distribution projects.

Manufacturing Partnership

The switchgear is being manufactured by Contronics Switchgear, a company with more than 45 years of experience in electric control panels. The collaboration combines Sharika’s execution capacity with Contronics’ production expertise, creating a joint approach to supplying equipment for the renewable sector.

Read more: Swiggy Increases Platform Fee to ₹15, Marking the Third Hike in 3 Weeks!

About Sharika Enterprises

Sharika Enterprises has over 25 years of experience in power transmission and distribution. Its operations cover underground cable systems up to 400kV, SCADA, asset monitoring, and telemetry systems. The company has also handled renewable energy projects, including grid-connected and hybrid solar plants for PSUs such as NTPCNHPC, and SECI.

Sharika Enterprises Share Price Performance 

As of September 4, 2025, 09:59 AM, Sharika Enterprises share price was trading at ₹19.64, a 9.97% increase from the previous closing price.

Conclusion

The contract with JSW Renew Energy adds to Sharika Enterprises’ portfolio of renewable energy projects. The order underlines the growing adoption of underground cabling and smart switchgear in India’s wind and solar farms.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Sep 4, 2025, 10:11 AM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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