| Power Transmission & Distribution Infrastructure | Development, construction, and maintenance of power substations, transmission & distribution networks, and outage management products. | Strong government ties, specialized engineering skills, and high entry barriers in power infrastructure. | B2B, focused on state utilities, private power companies, and renewable developers. | Advanced outage management systems and smart grid automation components. | 92 | 49 | Project contracts and O&M services primarily to power DISCOMs and government utilities. | Contract-based project revenue and maintenance service fees. | Rising electricity demand, government grid modernization, and transmission capacity expansion. | |
| Solar EPC Solutions | Design, supply, and installation of rooftop and ground-mounted solar PV plants, distributed generation, and O&M services. | Expertise in hybrid solar projects and established supply chain within renewable sector. | B2B focusing on renewable developers, DISCOMs, and government renewable initiatives. | Distributed generation and hybrid solar EPC projects. | 88 | 48 | Contract-based solar project execution and recurring O&M contracts. | Fixed price EPC contracts and service agreements for O&M. | Government solar capacity targets, growing distributed generation, and hybrid solar project opportunities. | |
| Civil Construction | Turnkey solutions in civil building construction, particularly for substations and power sector infrastructure. | Integrated EPC capabilities complementing core power infrastructure projects. | B2B, government entities in power sector. | Turnkey substation civil works. | 4 | 3 | Project contracts mainly with government power DISCOMs. | Contractual project revenue from civil EPC works. | Synergies with power T&D projects and government investment in infrastructure. | |
