Having invested in a Smart Metering company in the Silicon Valley, The Group decided to bring this private equity venture into India and has formed a company, Powrtec Energy Pvt. Ltd. (PEPL), to provide Smart Metering Solutions to Indian utilities. PEPL established an office in Bangalore for IT Operations and Product R&D, and has business associates in Scandinavia & China.

The Group was engaged in production of Smart Meters at their facility in NOIDA for a period of 7-8 years from 2013 to 2020.