Sharika Enterprises has announced a strategic joint venture with SPIN Engenharia, a premier Brazilian company specialising in advanced automation and control systems for the energy sector. This collaboration, formed under the ‘Make in India’ initiative, marks a significant milestone in the development of India-specific Supervisory Control and Data Acquisition (SCADA) and Advanced Distribution Management & Outage Management System (ADMS). The joint venture aims to leverage the combined technical expertise and market experience of both companies to deliver cutting-edge solutions that enhance efficiency, reliability, and scalability in India’s evolving energy distribution infrastructure.
The newly established partnership will focus on providing customised solutions tailored to the unique requirements of the Indian market. The JV will develop Smart Substation SCADA and ADMS solutions that enable real-time monitoring and control of the power grid. SPIN Engenharia will bring its global expertise in automation and smart grid technologies, while Sharika Enterprises will contribute its deep understanding of India’s power distribution landscape and its local project execution capabilities. The collaboration is set to play a pivotal role in modernising India’s energy infrastructure, supporting the government’s push towards digitising the sector and integrating renewable energy sources seamlessly.
Executive Director of Sharika Enterprises Limited, Sanjay Verma, expressed his enthusiasm for the partnership, calling it a landmark achievement. He highlighted that this collaboration would enable the company to offer world-class, India-specific SCADA and ADMS solutions that align with global standards. He further emphasised that the JV will cater to both on-premise and cloud-based applications, including mobile-based tools for field crews. Rodrigo Borges of SPIN Engenharia echoed this sentiment, stating that the partnership would allow them to bring their advanced technologies to India, a country with immense potential in energy innovation and infrastructure development. He noted that together, both companies would contribute significantly to enhancing grid reliability and fostering the growth of smart cities.
A key feature of this joint venture is the establishment of a research and development hub in India, dedicated to tailoring product offerings to suit local conditions. The focus will be on innovation, scalability, and cost efficiency, ensuring that solutions meet the present and future needs of India’s power grid. The collaboration will also address challenges such as integrating renewable energy sources and the growing demand for decentralised energy management systems. The JV is committed to developing new products and applications based on evolving customer needs, ensuring competitiveness in both domestic and international markets. Additionally, new business models, including cloud-based solutions and usage-based fee structures, will be introduced to adapt to changing market dynamics.
Sharika Enterprises has long established itself as a technology, engineering, system integration, manufacturing, and consultancy service provider, with projects spanning beyond India. As part of the JV, the company will focus on RDSS and other similar opportunities in Discoms, Transcos, and Gencos, including RE & IPPs. The firm also plans to leverage its groundbreaking ‘Lean Automation Technology’ to develop innovative solutions in virtual grids, EV charging networks, and dynamic loss of life metrics for preventive maintenance.
With this joint venture, Sharika Enterprises Limited and SPIN Engenharia reaffirm their commitment to driving technological advancements in the energy and infrastructure sectors. This partnership underscores their long-term vision of contributing to India’s energy infrastructure and supporting the nation’s transition to a smarter, more efficient grid system.
