Archive · 12 Sep 2025
Vedanta Resolves Dispute with SEPCO, Demerger Closer
Vedanta, owned by billionaire Anil Agarwal, had a disagreement with a Chinese company called SEPCO.
They were fighting over a power plant project.
To fix this, Vedanta and SEPCO made a deal to end the fight completely.
This is important because Vedanta wants to split into five different companies, but a court said no until the SEPCO issue was resolved.
The settlement means the court might now allow the split.
The companies did not say how much money was involved in the settlement.
Vedanta settled a dispute with SEPCO Electric Power Construction Corp.
The settlement addresses issues related to EPC contracts.
The resolution is a full and final settlement of all claims.
The settlement helps Vedanta's demerger plans.
NCLT previously rejected the demerger due to the dispute.
- Who
- Vedanta and SEPCO Electric Power Construction Corp.
- What
- Settled a legacy dispute related to EPC contracts.
- When
- The settlement occurred recently, as of September 12, 2025
- Where
- Talwandi Sabo, related to a thermal power project
- Why
- To address NCLT concerns and move forward with the demerger.
- Companies Involved
- Vedanta, SEPCO Electric Power Construction Corp.
- Dispute Type
- EPC contracts for a thermal power project
- Settlement Status
- Full and final resolution of all claims
- NCLT Involvement
- Previously rejected demerger due to the dispute
- Demerger Goal
- To split Vedanta into five companies
- Financial Details
- Not disclosed