Mumbai, June 5 -- The contract, valued at an estimated Rs 2,049.8 crore including additional services, will be effective from July 1, 2026, and remain in force for a period of 60 months.

The scope of work covers comprehensive operations and maintenance services for BALCO's power generation facility.

The company said the contract has been awarded by a domestic entity and does not constitute a related-party transaction. It also clarified that neither its promoter nor promoter group entities have any interest in BALCO.

Bluspring Enterprises is an integrated infrastructure services enterprise. It delivers integrated facility management, food and hospitality, security (powered by Terrier), engineering asset management (powered by Hofincons)...