Shree Refrigerations Partners with Smardt to Introduce Advanced Cooling Solutions for Data Centers!
By Ashutosh Arora
Shree Refrigerations Limited (SRL), a leading Indian engineering firm known for its precision cooling systems in the Defence sector, has announced a strategic partnership with Smardt Chillers Pte Ltd, a global pioneer in oil-free magnetic bearing chiller technology. This collaboration, formalized through Trezor Technologies Pvt Ltd, SRL’s wholly owned subsidiary, will bring advanced cooling solutions to mission-critical data centers in India, ensuring high energy efficiency, reliability, and sustainability.
The partnership aligns with SRL’s long-term growth strategy as it expands beyond Defence and industrial cooling into the fast-evolving commercial data center market. Speaking on the development, RG Shende, Chairman & Managing Director of SRL, stated: “Data centers require unmatched efficiency and uptime. Our collaboration with Smardt enables us to deliver world-class magnetic bearing chiller solutions to Indian customers, ensuring reliable and energy-efficient cooling for mission-critical infrastructure. With our proven expertise in serving Defence applications such as warships and submarines, we are confident of creating significant value in the rapidly growing data center segment.”
This entry into commercial cooling is expected to contribute 10–15% of SRL’s revenue within the next three years, creating a balanced portfolio and new avenues for growth. Smardt, with more than 10,000 global installations, leads the market in oil-free chiller technology. Its magnetic bearing chillers are designed to deliver 20–50% higher energy efficiency compared to conventional oil-lubricated systems, while significantly lowering maintenance costs. These systems also support industry-leading Power Utilization Efficiency (PUE), a vital benchmark for modern data centers focused on operational excellence and sustainability.
Commenting on the Indian opportunity, Derek Chan, Director Data Centers (Asia Pacific) at Smardt Chillers Pte Ltd, said: “India is one of the fastest-growing data center markets globally. Our partnership with Shree Refrigerations will enable us to introduce advanced, energy-efficient cooling technology to this region. Together with SRL’s strong technical foundation, we aim to provide unmatched value to customers seeking reliable and sustainable solutions.”
SRL already has a proven track record in magnetic bearing technology, having manufactured, installed, and commissioned over 40 magnetic bearing chillers in India. By combining Smardt’s global expertise with SRL’s indigenous R&D and local market knowledge, the partnership positions SRL as a key solutions provider for India’s expanding digital infrastructure, while also aligning with the nation’s broader sustainability and energy efficiency goals.
Headquartered in Karad, Maharashtra, with sales and service offices across Chennai, Goa, Kolkata, Mumbai, Pune, and Vishakhapatnam, SRL has built its reputation on innovation, engineering excellence, and customer-centric solutions. The company has been a trusted partner to the Defence, Pharma, and Chemical industries, delivering advanced HVAC&R systems for critical applications. From its humble beginnings as a small enterprise, SRL has grown into a publicly listed company, reinforcing its commitment to innovation, customer trust, and stakeholder value creation.
Through this partnership, SRL is not only expanding its market presence but also reinforcing its role as an enabler of India’s digital and energy-efficient future, bringing best-in-class cooling solutions to one of the most demanding and fastest-growing sectors of the economy.
