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UIDAI has handed out massive contracts to two listed players including Protean eGov Technologies and BLS International Services to expand Aadhaar Seva Kendras across the country. Together, the projects are worth over ₹3,200 crore and will run for six years.
The deets: Protean eGov shares jumped 11% after the company bagged a ₹1,160 crore mandate to build and operate Aadhaar centres across 188 districts. The centres will handle enrolments, biometric updates, and related services through both appointments and walk-ins, with a focus on semi-urban and rural regions.
Later, BLS International rose 4% after winning a ₹2,055 crore contract to set up and manage Aadhaar Seva Kendras nationwide. The project cements BLS’s presence in government service outsourcing and ensures long-term revenue visibility.
Why it matters: Aadhaar is the backbone of India’s digital economy, powering banking, fintech, subsidies, and e-governance. For both Protean and BLS, these contracts are marquee wins that not only guarantee multi-year revenues but also reinforce their role in the country’s expanding digital public infrastructure.
For investors, it signals how government-led projects can create structural growth opportunities for digital infra players.
