| Solar power projects | Development and operation of onsite and grid-connected solar photovoltaic power plants for commercial and industrial clients. | Early mover advantage, exclusive group captive projects, strong client base, and expertise in project execution. | Primarily B2B with industrial units, data centers, and commercial enterprises. | Long-term power sale contracts and captive solar projects with stable cash flows. | 257 | 17 | Receives revenue from power sale contracts, project development fees, and long-term power purchase agreements. | Typically fixed long-term power purchase agreements and project-based fees. | Rising solar adoption, supportive government policies, and client demand fuel growth in this segment. | |
| Maintenance & other services | Operations, maintenance, and servicing of renewable energy assets to ensure uptime and performance. | Integrated service offerings with plant development enhances client retention and revenue stability. | B2B clients owning renewable projects needing O&M services. | Service contracts for large-scale power plants. | 2 | 0 | Service contracts and maintenance fees from installed power plants. | Recurring service contracts; generally stable revenue streams. | Increasing installed base of renewable assets requiring professional maintenance services. | |
| Power sale | Sale of generated electricity from solar and wind assets to grid or captive consumers. | Ability to operate diverse renewable assets and negotiate favorable PPA terms. | Utilities, commercial and industrial consumers, captive clients. | Long-term power sale contracts ensure predictable revenue. | 2 | 0 | Revenue through electricity sale under power purchase agreements or open access arrangements. | Contractual fixed or variable pricing depending on client and market regulations. | Increases with operational capacity and expanded grid-connected renewable projects. | |
