Shera Energy Limited has announced a significant milestone in its expansion into the African market with the receipt of its first export order from Zambia. The company has secured a contract valued at USD 87,000 for the supply of conductors, marking its inaugural venture into the African continent. This achievement underscores Shera Energy's commitment to delivering high-quality products and services to new regions and highlights its growing reach in Africa.

With numerous infrastructure projects in the pipeline in Zambia and Shera Energy's strategic presence there through its subsidiary, the company anticipates a substantial boost to its export business. This breakthrough is expected to add approximately EUR 60 million to its export business for fiscal year25. Shera Energy is poised to build strong and lasting relationships with partners in Zambia and other African countries as it continues to expand its footprint and deliver innovative solutions to meet the region's needs.

The company is in continuous dialogue with electrical utilities to provide solutions for refurbishing unserviceable transformers.