Sai Urja Indo Ventu

Sai Urja Indo Ventures was declared the lowest bidder for a Rs 20.64 crore biennial contract from NTPC Limited for maintenance of the electrical area at the Mouda plant over two years. The work covered Stage-I (2x500 MW) and Stage-II (2x660 MW) and involved biennial maintenance of the electrical area. It followed a Rs 12.98 crore L1 declaration for NTECL C&I repair and rectification work earlier in October. The company's order book stood at Rs 159.67 crore across 21 projects as on 15 June 2026, while revenue from operations was Rs 85.11 crore in FY26. Power generation accounted for 95.06% of FY26 revenue, while public sector contracts comprised 92.27% of the total.

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Sai Urja Indo Ventures was declared the lowest bidder for a ₹12.98 crore contract from NTPC Tamilnadu Energy Company for repair and rectification of C&I systems at the main plant and offsites over three years, including overhauling of five units. Its order book stood at 21 projects valued at about ₹159.67 crore as of mid-June 2026. The company reported revenue of about ₹85.11 crore in the year to March 2026, with more than 95% from power-generation services and over 92% from public-sector contracts. Its largest customer accounted for nearly three-quarters of that revenue, with the top ten customers accounting for almost all of it. The business remained labour-intensive, with employee benefits absorbing more than 86% of total revenue in that year.

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