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Steag - About the company

Steag is an acquired company based in Noida (India), founded in 2001. It operates as a Provider of engineering, construction, and operational support for energy facilities. The company has 406 active competitors, including 2 funded and 3 that have exited. Its top competitors include companies like GSE Systems, CORE Energy Systems and Aegeus Technologies.

Company Details

Provider of engineering, construction, and operational support for energy facilities. The company delivers consulting and advisory services for energy projects. It offers planning and development assistance, along with construction and commissioning support. The company provides operation and maintenance services, including monitoring and optimisation. Decommissioning and dismantling services are also part of its offerings.
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Email ID
*****@steag.in
Part Of
Registered Address
507, Bhikaji Cama Bhawan Bhikaji Cama Place, South Delhi, New Delhi, Delhi, India, 110066
Key Metrics
Founded Year
2001
Location
Noida, India
Stage
Acquired
Ranked
Annual Revenue
₹500 - ₹1,000 Cr as on Mar 31, 2025
Employee Count
191 as on May 31, 2026
Similar Companies
Exit Details
Acquired by Bluspring (Mar 20, 2026)

Steag's acquisition details

Steag got acquired by Bluspring on Mar 20, 2026 at an acquisition amount of $*****.
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Steag's funding and investors

Steag has not raised any funding rounds yet.

Steag's founders and board of directors

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Steag's employee count trend

Steag has 191 employees as of May 26. Here is Steag's employee count trend over the years:
Employee count trend for Steag
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Steag's Competitors and alternates

Top competitors of Steag include GSE Systems, CORE Energy Systems and Aegeus Technologies. Here is the list of Top 10 competitors of Steag, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for GSE Systems
GSE Systems
1971, Baltimore (United States), Acquired
Simulation tools for nuclear power plants
-
56/100
2nd
Logo for CORE Energy Systems
CORE Energy Systems
2000, Mumbai (India), Series B
Provider of engineered package systems and turnkey project solutions
$28.4M
52/100
3rd
Logo for Aegeus Technologies
Aegeus Technologies
2017, Bengaluru (India), Seed
Developer of robotic technologies for water-less solar panel cleaning systems
$945K
49/100
4th
Logo for Steag
Steag
2001, Noida (India), Acquired
Provider of engineering, construction, and operational support for energy facilities
-
-
49/100
5th
Logo for N C Enterprises
N C Enterprises
2014, Margao (India), Unfunded
Solar panel installation and O&M service providing company
-
-
44/100
6th
Logo for Renfra Energy
Renfra Energy
2017, Chennai (India), Unfunded
Provider of solar energy operation and maintenance services
-
-
43/100
7th
Logo for NTPC GE Power Services
NTPC GE Power Services
1999, Noida (India), Unfunded
Provider of high-efficiency O&M, R&M upgrades, and BESS projects for thermal and renewable power infrastructure
-
-
43/100
8th
Logo for Aadhav Green Power
Aadhav Green Power
2012, Chennai (India), Unfunded
Provider of turnkey contracts for rooftop and ground mounted solar plants
-
-
41/100
9th
Logo for Inspire Clean Energy
Inspire Clean Energy
2015, Mumbai (India), Unfunded
Solar PV asset management and O&M service provider
-
-
38/100
10th
Logo for Volga Solar Solutions
Volga Solar Solutions
2018, Hyderabad (India), Unfunded
Operator of solar asset management and O&M services
-
-
36/100
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Steag's Investments and acquisitions

Steag has made no investments or acquisitions yet.

Reports related to Steag

Here is the latest report on Steag's geography:

News related to Steag

Media has covered Steag for a total of 2 events in the last 1 year.
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FAQs about Steag

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