| Hydropower Generation | Development, operation and maintenance of hydroelectric power plants. | Government backing, expertise in difficult terrain hydro projects, regulatory support. | State and central electricity distribution companies (B2B). | Operational hydropower stations with long-term PPAs. | 6000 | 60 | Sale of electricity through long-term PPAs mostly to government utilities. | Tariff set by Central Electricity Regulatory Commission; long-term contracts. | Increased demand for clean energy, government support for hydropower. | Loktak, Baira Siul, Parbati-II, Chamera series, Uri, Dulhasti |
| Renewable Energy (Solar & Wind) | Development and operation of solar parks, wind farms, and rooftop solar installations. | Government mandates, early mover in renewable energy implementation and trading. | DISCOMs and government; mainly B2B. | Solar parks and strategic RE projects under government schemes. | 1000 | 10 | Sale of renewable power and incentives as Renewable Energy Implementing Agency (REIA). | Feed-in tariffs, competitive bidding, trading margins as intermediaries. | Government targets for renewable capacity expansion, diversification strategy. | Karnisar Solar Park, Jaisalmer Wind Power Project, NHPC Renewable Energy Limited projects |
| Pumped Storage Projects & Consultancy | Development of pumped storage hydro projects and consultancy services for hydropower projects. | In-house expertise and government partnerships enabling project execution and consultancy. | Government agencies, joint ventures, and other CPSUs (B2B). | High-value consultancy contracts and specialized pumped storage projects. | 500 | 5 | Project commissioning payments, consulting fees and power generation revenues. | Project-based contracts and tariff-regulated revenues from commissioned projects. | Grid balancing needs, renewable integration, demand for expertise in hydropower. | Dibang Multipurpose Project, Subansiri Lower Project, consultancy services to hydro developers |
