Sharika Enterprises Signs MoU with Russia’s Engineering Center Energoservice to Modernise India’s Power Grid

In a strategic move aimed at enhancing India’s power grid reliability and accelerating its digital transformation, Sharika Enterprises Limited has signed a Memorandum of Understanding (MoU) with Russian engineering firm Engineering Center Energoservice (ENS). The agreement grants Sharika Enterprises exclusive rights to distribute ENS’s advanced grid protection and transformer condition monitoring technologies across India.

The collaboration is focused on strengthening India’s grid infrastructure through advanced monitoring, automation, and measurement systems. ENS’s technologies—particularly its transformer condition monitoring platforms using synchrophasor measurements—are expected to support real-time grid analytics, reduce operational risks, and prevent costly system downtime.

Speaking on the partnership, Rajinder Kaul, Chairman and Managing Director of Sharika Enterprises, said the collaboration marks a “major milestone” in modernising India’s electrical network. “Together, we look forward to introducing innovative technologies in India and providing an efficient, sustainable, and dependable power system benefitting industries across the spectrum,” he stated.

ENS General Director Fleyshman Igor L. said Sharika’s understanding of India’s energy ecosystem made it a natural strategic partner. “Together we aim to build a robust power grid in India and meet the country’s energy efficiency initiatives,” he added.

A key solution under the partnership is ENS’s Intelligent Digital Device (ENIP-2), equipped for data measurement, time synchronisation, and digital communication within modern substations and grid systems. The alliance will also advance deployment of Wide Area Monitoring Systems (WAMS), incorporating real-time Phasor Measurement Units (PMUs) and Remote Terminal Units (RTUs) to help stabilise grid operations.

Sharika Enterprises is reportedly in discussions with ENS to establish local manufacturing in India. The project—planned either under technology transfer or as a joint venture—would align with the government’s “Make in India” initiative and lower costs for domestic utilities.

The agreement also gains relevance in the context of Russian President Vladimir Putin’s recent visit to India, which underscored ongoing cooperation between the two nations in infrastructure, defence, and technology. Industry observers view the Sharika-ENS partnership as a practical extension of the bilateral engagement.

With electricity demand rising sharply nationwide and aging infrastructure struggling to cope—particularly during peak summer loads—the partnership is expected to help India transition toward a digitally controlled and more resilient power network.

The companies say deployment of these solutions will support utilities as they upgrade legacy grid systems and work toward improved efficiency, fewer outages, and strengthened operational readiness.