Announced Fri, 26 Jun · 16:56 IST
Bluspring subsidiary bags Rs 406 Cr 5-year thermal power OandM contract from Vedanta
Business Updates View source PDF
BLUSPRING · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+3.2%1-day move
₹107.75
prior close
₹112.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.8+2.6+3.1+1.4+3.2+2.8+12.5+15.2+8.9-1.7+1.2———
Up moveDown movePending
AI summary
STEAG Energy Services (India), a wholly-owned step-down subsidiary of Bluspring Enterprises, has received a contract extension for Operations and Maintenance of Vedanta Power Limited's 600 MW thermal power plant. The estimated aggregate contract value, including additional services, is Rs 406.43 Crores plus taxes. The contract runs for 5 years starting July 1, 2026. The order is from a domestic entity, with no promoter or group company interest, and is not a related party transaction.
Likely market impact
Strengthens revenue visibility with a Rs 406 Cr 5-year order from Vedanta Power, a reputed private client; positive for order book.