Sharika Enterprises Limited, a prominent name in India’s power and energy sector, has announced a significant milestone with the signing of a Joint Venture (JV) agreement with Brazil’s SPIN Engenharia De Automacao Ltda and the Philippines-based Nayon Kontrol System (NKS). This collaboration aims to revolutionize India’s Supervisory Control and Data Acquisition (SCADA) and Advanced Distribution Management & Outage Management System (ADMS) landscape by introducing India-specific smart automation solutions.
The JV is structured under the ‘Make in India’ initiative, emphasizing technological innovation, efficiency, and smart energy infrastructure development. By combining the expertise of SPIN Engenharia in automation and smart grid technologies with Sharika Enterprises’ deep understanding of India’s energy distribution needs, the partnership will create tailored solutions to modernize India’s grid infrastructure.
Key Highlights of the Joint Venture
🔹 Smart Substation SCADA & ADMS Solutions – The JV will develop advanced automation solutions customized for India’s unique power distribution challenges.
🔹 Technology Transfer & Local Expertise – SPIN Engenharia will contribute its global knowledge, while Sharika Enterprises will leverage its local execution capabilities for seamless project implementation.
🔹 Grid Modernization & Renewable Energy Integration – The collaboration will support India’s transition to a smarter grid system, integrating renewable energy sources and enhancing real-time power management.
Commenting on the development, Mr. Sanjay Verma, Executive Director of Sharika Enterprises Limited, stated:
“This joint venture is a landmark achievement that aligns with India’s energy digitization goals. Our collaboration with SPIN Engenharia and NKS will bring world-class SCADA and ADMS solutions to India, offering on-premise and cloud-based applications, including mobile tools for field crews.”
SPIN Engenharia’s Mr. Rodrigo Borges expressed his enthusiasm:
“India presents a tremendous opportunity for energy innovation. Partnering with Sharika Enterprises allows us to contribute cutting-edge automation technology to enhance grid reliability and drive the growth of smart cities.”
The JV will establish a Research & Development hub in India to create scalable, cost-efficient automation solutions tailored to India’s evolving power sector. It will also introduce cloud-based solutions and usage-based fee structures, catering to the changing dynamics of energy distribution.
Additionally, Sharika Enterprises will focus on RDSS (Revamped Distribution Sector Scheme) opportunities, EV charging networks, and virtual grid development, further positioning itself as a leader in India’s smart energy transformation.
