About STEAG Energy Services
STEAG Energy Services is an Energy & Utilities company based in Noida (India) founded in 1937, and was acquired by Bluspring in March 2026. It offers consulting, maintenance, and development for energy and power systems. It operates on a B2B and Enterprise Contracts model. The company has 1,572 employees. Its Indian entity Steag Energy Services (India) Private Limited reported revenue of ₹618 Cr. STEAG Energy Services offers products and services including Consulting Services, Operation and Maintenance, and Planning and Development. Its focus areas include Energy, Thermal Energy, Coal-based and Operation and Maintenance. Its competitors include Gensol and Inspire Clean Energy.
Company details
STEAG Energy Services India, a subsidiary of STEAG Power GmbH, delivers cost-effective consulting, advisory, planning, and maintenance services for power plants. They specialize in renewable energies, thermal energy, and nuclear technologies, integrating German engineering with Indian expertise. Based in Noida, India, they serve power plant operators, investors, and industrial partners globally, focusing on efficiency and emission control.
- Headquarters Noida, India
- Employees 1,572
- Stage Acquired
- SectorsEnergy & Utilities
- Email••••••••
- Website steag.in/en
- Social LinkedIn X Instagram YouTube
- Acquired by Bluspring (Mar 2026)
- Legal Name Steag Energy Services (India) Private Limited
- Date of Incorporation 29 Jan, 2001
- Jurisdiction New Delhi, Delhi, India
Associated legal entities of STEAG Energy Services
STEAG Energy Services operates through Steag Energy Services (India) Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Steag Energy Services (India) Private Limited CIN U31101DL2001PTC188324 | Active | 29 Jan 2001 | New Delhi, Delhi | ₹618 Cr | 1,572 | 6 | View details |
Products & Services of STEAG Energy Services
STEAG Energy Services offers a comprehensive portfolio of products and services, including Consulting Services, Operation and Maintenance, and Planning and Development.
Provides expert advice for energy projects and systems
Manages and optimizes power plant efficiency and operations
Offers planning for construction and commissioning of energy facilities
Apps and channels of STEAG Energy Services
its YouTube channel STEAG GmbH has 1.28K subscribers and 30 videos.
Videos from STEAG Energy Services
The most watched videos on STEAG Energy Services's YouTube channel, STEAG GmbH (1.28K subscribers). Click a video to play it here.
More on STEAG GmbH.
Investors in STEAG Energy Services
STEAG Energy Services has secured backing from 1 investor. Prominent investors backing the company include Bluspring.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
| bluspring.com |
Investor details for STEAG Energy Services
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Board of directors of Steag Energy Services (India) Private Limited (STEAG Energy Services)
Steag Energy Services (India) Private Limited is the primary company behind STEAG Energy Services. The board of Steag Energy Services (India) Private Limited currently have 5 directors; the longest-serving is Jacob Thottungal Verghese, appointed in 2001. 17 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Jacob Thottungal Verghese DIN 00838785 | Director | 29 Jan 2001 | 25 yrs 8 mo | Steag Energy Services (India) Private Limited |
| Jens Reich DIN 08321839 | Director | 08 Jan 2019 | 7 yrs 9 mo | Steag Energy Services (India) Private Limited |
| Thomas Schmukal DIN 10754681 | Director | 29 Aug 2024 | 2 yrs 1 mo | Steag Energy Services (India) Private Limited |
| Bhanu Prakash Kota DIN 07382010 | Director | 22 Nov 2024 | 1 yr 11 mo | Steag Energy Services (India) Private Limited |
| Ujjwal Kanti Bhattacharya DIN 08734219 | Managing Director | 01 Mar 2025 | 1 yr 7 mo | Steag Energy Services (India) Private Limited |
People of STEAG Energy Services
1 people are tracked at STEAG Energy Services (1 in leadership); the tracked headcount is 1,572.
| Name | Role | Group |
|---|---|---|
Manav Jain | Chief Financial Officer | Leadership |
Complete people profiles for STEAG Energy Services
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Financials of STEAG Energy Services
Figures of Steag Energy Services (India) Private Limited, the primary company behind STEAG Energy Services, for FY 2025. Revenue was ₹618 Cr (+15% year on year). Net profit was ₹46.40 Cr (8% margin). EBITDA was ₹70.72 Cr (11% margin). Revenue has grown at a compounded annual rate of +10% over three years and +10% over five years.
- ₹618 CrRevenue · FY 2025 · +15% YoY
- ₹46.40 CrNet profit · 8% margin
- ₹70.72 CrEBITDA · 11% margin
- ₹1.3 LakhPaid-up capital
- 1,572Employees (provident fund records)
- +10%Revenue CAGR, 3 years
- +10%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Steag Energy Services (India) Private Limited are on its company page.
Detailed financial statements for STEAG Energy Services
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of STEAG Energy Services
2 dated milestones of STEAG Energy Services across 89 years, from founding to its latest funding, stage changes and deals.
- Founded STEAG Energy Services is founded.
- Exit Acquired by Bluspring.
Competitors of STEAG Energy Services
STEAG Energy Services has 2 listed competitors in our database. They include Gensol and Inspire Clean Energy.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| gensol.in | 2007 | Ahmedabad, India | 300 | Provider of solar advisory and execution services | ||
| inspire-ce.com | 2015 | Mumbai, India | 132 | Provides solar PV asset management and operations & maintenance services. |
Detailed competitors of STEAG Energy Services
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Web traffic of STEAG Energy Services
Websites that share an audience with STEAG Energy Services (steag.in).
Websites whose visitors overlap most with STEAG Energy Services. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| steag-energyservices.com | 100% | View details |
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Related news about Steag Energy Services
Complete news archive for STEAG Energy Services
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Frequently Asked Questions about STEAG Energy Services
STEAG Energy Services was founded in 1937.
STEAG Energy Services is headquartered in Noida, India. It is registered at Noida, Uttar Pradesh, India.
STEAG Energy Services has 1,572 employees.
The primary company behind STEAG Energy Services, Steag Energy Services (India) Private Limited, reported revenue of ₹618 Cr for FY 2025, up 15% year on year.
STEAG Energy Services India, a subsidiary of STEAG Power GmbH, delivers cost-effective consulting, advisory, planning, and maintenance services for power plants. They specialize in renewable energies, thermal energy, and nuclear technologies, integrating German engineering with Indian expertise. Based in Noida, India, they serve power plant operators, investors, and industrial partners globally, focusing on efficiency and emission control.
STEAG Energy Services's top competitors include Gensol and Inspire Clean Energy.
STEAG Energy Services offers Consulting Services, Operation and Maintenance, and Planning and Development.
STEAG Energy Services has 1 investor. Key investors include Bluspring.
STEAG Energy Services operates through Steag Energy Services (India) Private Limited.
Yes. STEAG Energy Services was acquired by Bluspring in March 2026.
The legal entities of STEAG Energy Services currently have 6 directors, including Ujjwal Kanti Bhattacharya, Jens Reich, Bhanu Prakash Kota and others.