Sharika Enterprises Secures Order For 998 Communicable FPIs

28 Mar 2026 CW Team

The project scope covers design and supply of advanced communicable fault passage indicators that will enable real-time fault detection, faster fault localisation and improved restoration times across PVVNL’s feeders. These intelligent devices are expected to increase network visibility and operational efficiency while reducing outage durations and supporting predictive maintenance practices. Deployment of the FPIs will support PVVNL’s efforts to build a smarter and more resilient power distribution infrastructure for consumers in the region.

The contract represents a further milestone in Sharika Enterprises’ smart grid journey and is said to reinforce the company’s capabilities in delivering monitoring and automation solutions for utilities. The communicable overhead FPI solution is a Make in India product aligned with government priorities to promote indigenous manufacturing and technological self-reliance. The deployment also functions as an import substitute, reducing dependency on foreign technologies while adhering to performance and reliability standards.

Sanjay Verma, executive director at Sharika Enterprises, stated that the company was pleased to secure the order and that the project reflected a continued commitment to deliver advanced indigenous technologies that enhance grid intelligence, reduce outages and accelerate the country’s transition to smart distribution networks. Sharika Enterprises is described as a leading player in the power sector, specialising in transmission and distribution solutions including supervisory control and data acquisition and advanced distribution management systems, substation automation, smart grid technologies and extra high voltage cables. The company emphasises a commitment to innovative, reliable and sustainable solutions for modern digital infrastructure.

Sharika Enterprises Limited (Sharika Enterprises) has partnered with Larsen & Toubro Limited (Larsen & Toubro), Chennai, to supply 998 communicable overhead Fault Passage Indicators (FPIs) to Paschimanchal Vidyut Vitran Nigam Limited (PVVNL), Varanasi, under the Government of India’s Revamped Distribution Sector Scheme. The order is intended to strengthen network reliability and automation across the utility’s distribution network. The equipment will be integrated into existing distribution assets to provide enhanced monitoring and control capabilities. The partnership combines Sharika Enterprises’ product expertise with Larsen & Toubro’s engineering and deployment capacity. The project scope covers design and supply of advanced communicable fault passage indicators that will enable real-time fault detection, faster fault localisation and improved restoration times across PVVNL’s feeders. These intelligent devices are expected to increase network visibility and operational efficiency while reducing outage durations and supporting predictive maintenance practices. Deployment of the FPIs will support PVVNL’s efforts to build a smarter and more resilient power distribution infrastructure for consumers in the region. The contract represents a further milestone in Sharika Enterprises’ smart grid journey and is said to reinforce the company’s capabilities in delivering monitoring and automation solutions for utilities. The communicable overhead FPI solution is a Make in India product aligned with government priorities to promote indigenous manufacturing and technological self-reliance. The deployment also functions as an import substitute, reducing dependency on foreign technologies while adhering to performance and reliability standards. Sanjay Verma, executive director at Sharika Enterprises, stated that the company was pleased to secure the order and that the project reflected a continued commitment to deliver advanced indigenous technologies that enhance grid intelligence, reduce outages and accelerate the country’s transition to smart distribution networks. Sharika Enterprises is described as a leading player in the power sector, specialising in transmission and distribution solutions including supervisory control and data acquisition and advanced distribution management systems, substation automation, smart grid technologies and extra high voltage cables. The company emphasises a commitment to innovative, reliable and sustainable solutions for modern digital infrastructure.

Resources

28 Mar 2026

SCOPE Rebrands as Sentova, Expands Global Advisory

SCOPE has rebranded as Sentova, marking its transition into a global investment banking and financial advisory platform focused on institutional deal-making and cross-border capital flows. The firm will operate across three core verticals—venture capital fundraising, private equity buyouts and investment consulting—offering end-to-end advisory from deal structuring to transaction closure. The move reflects growing integration of global capital markets, particularly across the India–Gulf and US–Middle East corridors, where Sentova aims to facilitate capital deployment through its inve..

Products

28 Mar 2026

Häfele Launches Horizon Digital Lock

Häfele has introduced the Horizon Digital Lock under its Evolve range, offering a smart security solution designed for contemporary homes. The digital lock integrates advanced features such as Smart Password, Smart Voice and Smart Freeze, enabling enhanced usability alongside robust security. It supports multiple locking modes including auto locking, passage, privacy and double authentication, allowing users to customise security levels based on usage. The system offers flexible access control through fingerprint, RFID card and password-enabled admin access, along with multiple user and gue..

Real Estate

28 Mar 2026

Casagrand Launches Premium Villa Project in Tiruppur

Casagrand has launched Casagrand Blossoms, a premium villa community in Poondi, marking a new phase in Tiruppur’s residential market. Spread across 8.4 acres, the project comprises 113 low-density 4 BHK villas ranging from 2,543 to 2,767 sq ft, with prices starting at Rs 15.9 million. The development is designed with a focus on open spaces, with over 5.5 acres dedicated to open areas, including 2.3 acres of landscaped greenery. The project features 59 lifestyle amenities, including a 9,300 sq ft clubhouse and a 6,300 sq ft swimming pool, along with fitness, recreation and wellness faciliti..