| Regulated Operation | Electricity distribution and regulated power generation in Asansol-Raniganj area of West Bengal. | Licensed distribution area with low transmission and distribution losses and longstanding customer relationships. | Industrial, commercial, residential consumers and government entities in licensed area (B2B and B2C). | Electricity distribution with stable regulated returns. | 621 | 95 | Revenue from electricity sales and distribution tariffs under regulated license. | Regulated tariffs approved by West Bengal Electricity Regulatory Commission. | Increasing power demand, efficiency in distribution, and regulatory tariff approvals. | |
| Non Regulated Operation | Thermal, wind and solar power generation and power trading in various states including Gujarat, Rajasthan, Maharashtra and Andhra Pradesh. | Diverse generation portfolio and partnerships like joint ventures for operation and maintenance services. | State utilities, open market customers, renewable energy purchasers (B2B). | Renewable energy generation projects. | 30 | 5 | Sale of power through market and power purchase agreements. | Market-based power sales and long-term PPAs. | Expansion in renewables, solar project commissioning, and power trading initiatives. | |
