| Civil Engineering Construction | Tunneling, hydroelectric civil construction, railway and irrigation project civil works. | Decades-long expertise, strong government relationships, and capability in difficult strata tunneling. | Primarily B2G clients including government infrastructure projects and utilities. | Specialized tunnel construction and hydroelectric project civil works with technical expertise moat. | 10 | 100 | Revenue from contract execution primarily with government departments. | Fixed-price contracts based on tenders and project scope agreements. | Government infrastructure and hydroelectric project investments fueling contract opportunities. | |