| Power Transformers and EPC Services | Manufacture of transformers up to 500 MVA/500 kV; turnkey installation of substations and transmission lines up to 400 kV. | Established manufacturing capacity, long-term client relationships, technical expertise, and EPC capabilities in transmission infrastructure. | B2B clients including government power utilities like POWERGRID, Indian Railways, and private sector power companies. | Large transformer orders and turnkey EPC projects provide higher margins. | 654 | 100 | Project-based sales from transformer supply and EPC contracts with government utilities and private sector clients. | Fixed-price contracts and project-based billing, often linked to milestone completion. | Government infrastructure investments, capacity expansions, and diversified EPC offerings drive segment growth. | |
