1 hr ago
Vedanta Power Reports Record Q2 Sales, Plans Capacity Expansion
Vedanta Power sold more electricity in the second quarter than it did a year earlier.
Its sales for the first half of the year reached 10,817 million units.
Meenakshi Energy and Jharsuguda Thermal Plant helped drive the increase.
Jharsuguda was available to operate much more often than in the same quarter last year.
Talwandi Sabo continued to provide a steady contribution.
The company currently has around 5 gigawatts of operating power capacity.
It plans to add about 600 megawatts by the end of FY27 and grow to 12 gigawatts by FY33.
It is also using some biomass at Talwandi Sabo and aims to reach net-zero carbon emissions by 2050 or earlier.
Vedanta Power’s Q2 power sales rose 26% year over year; first-half sales increased 32% to 10,817 MU.
Meenakshi Energy’s Q2 sales increased 111% to 1,470 MU, while its first-half sales rose 160% to 2,820 MU.
Jharsuguda Thermal Plant’s Q2 sales climbed 186% to 873 MU as availability rose to 98%, from 43% a year earlier.
Talwandi Sabo’s Q2 sales rose 6% to 2,945 MU, and its first-half availability was 86%, above its 80% contractual benchmark.
Vedanta Power has around 5 GW of operating capacity, targets 12 GW by FY33, and aims for net-zero carbon emissions by 2050 or earlier.
- Who
- Vedanta Power and its plants, including Meenakshi Energy, Jharsuguda Thermal Plant, and Talwandi Sabo.
- What
- The company reported record second-quarter power sales, higher first-half sales, and plans for capacity expansion.
- Where
- At Vedanta Power’s plants in India.
- When
- Q2 and H1 FY27; the company’s index inclusion took effect September 30.
- Why
- Higher sales were led by Meenakshi Energy and Jharsuguda Thermal Plant; improved availability at Jharsuguda enabled greater generation and sales.
Growth and expansion
Operational and sustainability commitments
Capacity growth
Growth and expansion
Vedanta Power plans to expand from around 5 GW of operational capacity toward 12 GW by FY33, with a longer-term ambition of 20 GW.
Operational and sustainability commitments
The article reports these as company targets and does not provide a contrasting assessment or challenge to the expansion plans.
Coal and emissions
Growth and expansion
Around 85% of the company’s capacity is backed by long-term domestic coal linkages, supporting visibility over fuel availability.
Operational and sustainability commitments
The company is pursuing biomass co-firing at Talwandi Sabo and has set greenhouse-gas intensity and water-efficiency targets, alongside a net-zero goal.
Key facts
- Q2 sales growth
- Up 26% year over year
- H1 sales
- 10,817 MU, up 32%
- Meenakshi Energy Q2 sales
- 1,470 MU, up 111% year over year
- Jharsuguda Q2 availability
- 98%, compared with 43% in the corresponding period last year
- Current operating capacity
- Around 5 GW
- Expansion targets
- Add approximately 600 MW by the end of FY27; reach 12 GW by FY33
- Net-zero ambition
- Net-zero carbon emissions by 2050 or earlier
Sources
Related news
Four Demerged Vedanta Stocks Face Key Operational Triggers
PL Capital Sees Further 30% Upside in Adani Power
Uttarakhand Media Delegation Visits NTPC Korba, BALCO Facilities
Adani Power Shares in Focus on Bullish Analyst Targets
Coal India boosts September supplies as power demand rises
Nuvama Recommends Six Power Stocks Amid Rising Demand
Analysts See Metals Stocks Benefiting From Elevated Copper Prices
Orissa High Court Rejects Vedanta Plea Over Bauxite Agreements
Nifty 500 Stocks Slide as Oil and Yields Pressure Markets
Vedanta Demerger Report Card: Which Entity Emerged Strongest?
