| Electrical Infrastructure Projects | Installation, testing, and commissioning of power distribution systems including substations and pole works. | Established relationships with utilities, technically proficient management, and execution expertise. | B2G clients primarily including state electricity boards and utilities. | Specialized EPC contracts and international projects with value-added engineering services. | 120 | 77 | Project-based revenue from contracts awarded by power utilities and government entities. | Fixed-price contracts and milestone-based payments linked to project deliverables. | Government infrastructure investments, rising power demand, and rural electrification. | |
| Operation & Maintenance Services | Ongoing maintenance of HT/LT lines, substations, fault detection, troubleshooting, and repair services. | Long-standing service contracts and deep utility relationships. | Primarily government power utilities (B2G). | Maintenance contracts with performance incentives. | 25 | 16 | Recurring revenue from long-term O&M service contracts with distribution utilities. | Contractual recurring payments based on service agreement tenure and scope. | Increasing focus on grid reliability and regulatory mandates for maintenance. | |
| Metering Related Services | Installation, replacement, testing, and reading of energy meters along with metering support services. | Technical expertise in metering and long-term client engagements. | Distribution utilities and energy companies (B2G). | Meter testing and technology-enabled meter reading. | 11 | 7 | Service fees and execution payments for meter-related works awarded by utilities. | Project or volume-based billing linked to meter installations and servicing. | Smart meter rollouts and regulatory push for accurate energy measurement. | |
