1.  All amounts presented in the financial statements are in Rupees in
 Lakhs, except per share data as other wise stated.
 
 2.  The company has no contingent liabilities as on March 31, 2011
 acknowledged as debts except the Bank Guarantees given to various
 government departments to the extent of Rs. 38,043.18 Lakhs and letters
 of credit of Rs. 11,043.73 Lakhs.
 
 3.  The company has no dues outstanding more than 30 days to any of the
 Small Scale Industrial undertakings as on March 31, 2011.
 
 4.  Certain balances of loans and advances, sundry debtors and sundry
 creditors are subject to confirmation from the concerned parties.
 
 5.  a) FCCB issue expenses are being written off in proportion to
 conversion of FCCBs into Equity Shares or repayment of such FCCBs (as
 the case may be) as and when such conversion/repayment takes place.
 
 b) The product development expenditure incurred during the current
 financial year of Rs. 460.49 Lakhs is amortised over a period of Five
 years on a straight line basis.
 
 6.  Inventory:
 
 Inventory is valued at cost or net realisable value, whichever is less
 on FIFO basis. Inventories are physically verified and certified by the
 management.
 
 7.  The Company has allotted 462,497 Equity shares of Rs. 2 each to its
 employees on exercise of Employees Stock Options. During the year, the
 company has issued 2,500,000 fully convertible warrants to promoter
 group and 500,000 fully convertible warrants to others at an issue
 price of Rs. 145 per warrant, convertible to 3,000,000 equity shares
 within eighteen months from the date of issue.
 
 8. Related parties information:
 
 a) Information regarding related party transactions as per Accounting
 Standard 18 is given below:
 
 Names of related parties and description of relationship:
 
 Party                                       Relationship
 
 ICSA International PTE Limited              100% Subsidiary
 
 B R G Energy Limited                        Associate
 
 Sahasra Investments Pvt Limited             Associate
 
 Cura Technologies Limited                   Associate
 
 Key Management Personnel as on March 31, 2011
 
 Name                                Designation
 
 G Bala Reddy                        Chairman and Managing  Director
 
 P Kodanda Ramaiah                   Director (Technical)
 
 14. a) The Company has availed various working capital credit
 facilities under multiple banking arrangement from:
 
 - State Bank of India, CAG Branch, Punjagutta, Hyderabad.
 
 - Bank of India, Large Corporate Branch, Hyderabad.
 
 - Union Bank of India, Khairatabad Branch, Hyderabad.
 
 - Punjab National Bank, Large Corporate Branch, Annasalai, Chennai.
 
 - IDBI Ltd, Chapel Road Branch, Hyderabad.
 
 - Andhra Bank, Sultan Bazaar Branch, Hyderabad.
 
 The following securities were offered for availing regular Working
 Capital limits:
 
 i.  First Charge on both present and future current & fixed assets of
 the Company ranking pari passu with other banks under multiple banking
 arrangements.
 
 ii.  Exclusive charge to SBI on Flat No: 1092 situated at Sector – A,
 Pocket A, (SAS Category – III), Vasant Kunj, New Delhi and pledge of
 625,000 shares held by promoters of the Company.
 
 iii.  Second charge on Wind mill project assets financed by Andhra
 Bank.
 
 b) The Company has availed term loan facilities from Andhra Bank,
 Sultan Bazaar Branch, Hyderabad for setting up of wind mills at
 Tamilnadu and Karnataka. The following securities were offered in this
 regard :
 
 i.  The term loan is secured by hypothecation of wind mills at
 Tamilnadu and Karnataka and Mortgage of the land pertaining to these
 wind mill plants.
 
 ii.  Second Charge on existing fixed assets of the Company.
 
 c) The Company has availed credit limits for specific projects from
 State Bank of India, CAG Branch, Punjagutta, Hyderabad. The following
 securities were offered for availing these credit limits :
 
 i.  First charge on project specific current assets of the Company
 
 ii.  Pledge of 100,000 shares held by promoters of the Company.
 
 d) The Company has availed short term loans from:
 
 - Canara Bank, Prime Corporate Branch, Secunderabad.
 
 - IDBI Ltd, Chapel Road Branch, Hyderabad.
 
 The following securities were offered for availing the short term
 loans:
 
 i.  Canara Bank: Pledge of 714,300 shares held by promoters of the
 Company.
 
 ii.  IDBI LTD: First Charge on the current assets of the Company on
 pari passu basis under multiple banking arrangements.
 
 e) The Company has also availed adhoc cash credit limits from:
 
 - Bank of India, Large Corporate Branch, Hyderabad.
 
 - Union Bank of India, Khairatabad Branch, Hyderabad.
 
 - Punjab National Bank, Large Corporate Branch, Annasalai, Chennai.
 
 - Andhra Bank, Sultan Bazaar Branch, Hyderabad.
 
 The following securities were offered in this regard:
 
 i.  First charge on the current assets of the Company ranking pari
 passu under multiple banking arrangements.
 
 9. Investments comprising shares in other listed companies are valued
 at cost and classified as long term investments. Provision for
 diminution in value of Investments is made to recognise the decline.
 
 10. Additional information pursuant to provisions of the Para 3 and 4
 of Part II of Schedule VI of the Companies Act, 1956.
 
 a) The company is engaged in the business of development and
 maintenance of technology solutions which includes embedded solutions
 and software for Energy Sector. The production and sale of such
 solutions cannot be expressed in any generic units and hence, it is not
 possible to give quantitative details.
 
 b) The company is also engaged in the business of providing energy
 Audit solutions to bring down Transmission & Distribution (T&D) losses
 by using its technologies for power distribution companies. Wherein
 there are number of components involved in production / assembling
 execution and it is not possible for us to give quantitative details of
 purchase of such components which are small in value and large in
 quantity.
 
 c) The company is also engaged in the business of Rural
 Electrification, Construction of Sub stations, Conversion of LT line to
 HT lines and generation of wind power. Due to the nature of job, it is
 difficult to furnish quantitative details.