| Thermal Power Generation | Coal-based power generation with captive mines ensuring fuel security. | Exclusive long-term PPAs, captive coal mines, strong payment security, and operational scale. | Primarily state electricity boards and private distribution companies (B2B). | High PLF units with captive coal mines ensuring cost advantage. | 7511 | 85 | Recurring revenues through long-term power purchase agreements with credit-secured payments. | Cost-plus tariff structure with assured returns and periodic tariff revisions. | Operational efficiency, captive coal linkages, regulatory support for thermal power. | Sasan Ultra Mega Power Project, Rosa Power Plant, Butibori Power Project |
| Renewable Energy | Solar PV, Concentrated Solar Power, and Battery Energy Storage Systems. | Strong project pipeline, bankable PPAs, and partnerships enabling large-scale clean energy supply. | Government agencies, discoms, and corporates interested in green power (B2B). | Solar plus battery integrated projects with premium pricing. | 767 | 9 | Revenue from long-term PPAs with government agencies and corporate clients. | Long-term power purchase agreements with fixed tariffs and grid services revenue. | Government incentives, falling solar costs, increasing renewable mandates. | Rajasthan Sun Technique Energy (CSP), Dhursar Solar PV, Reliance NU Suntech projects |
| Gas-based Power and LNG Infrastructure | Gas-fired power generation and LNG import terminal development. | Strong partnerships (e.g., JERA), strategic location, and pioneering LNG infrastructure. | Utility companies and gas suppliers (B2B). | Tiered payment security on gas plant revenue streams. | 350 | 4 | Power sale under PPAs and infrastructure charges from LNG operations. | Long-term contracts with strategic partners ensuring revenue stability. | Growing LNG demand, cross-border energy partnerships, and strategic alliances. | Samalkot Combined Cycle Power Plant, Bangladesh LNG Terminal Project |
