Business Update26 Jun 2026, 05:00 pm
Bluspring Subsidiary Secures ₹1,219.85 Cr O&M Contract
AI Summary
Bluspring Enterprises Ltd announced that its wholly-owned step-down subsidiary, STEAG Energy Services (India) Private Limited, has received a contract extension for the Operations and Maintenance of a Thermal Power Plant (3*600 = 1,800 MW) Units 1, 3 & 4 from Vedanta Aluminium Metal Limited. The contract is valued at an estimated aggregate of ₹1,219.85 Crores (plus applicable taxes) and will remain in force for a period of 5 years, effective July 1, 2026. This is a domestic contract awarded by a domestic entity.
Key Highlights
- Subsidiary STEAG Energy Services India received contract extension.
- Contract covers O&M for 1,800 MW Thermal Power Plant Units 1, 3 & 4.
- Estimated contract value is ₹1,219.85 Crores plus taxes.
- Contract duration is 5 years, starting July 1, 2026.
- Awarding entity is Vedanta Aluminium Metal Limited, a domestic entity.
Price Impact
More from BLUSPRING