Vedanta Power Ltd. Company History and Annual Growth Details

Our Company was originally incorporated in Punjab on April 5, 2007, by the name “Talwandi Sabo Power Limited” with the Registrar of Companies, Punjab in accordance with the Companies Act, 1956 as a “public limited company. Pursuant to Clauses 17A.1 and 17A.2 of the Scheme of demerger, the name of Talwandi Sabo Power Limited was changed to “Vedanta Power Limited” and a certificate of incorporation pursuant to change of name dated June 3, 2026 was issued by the Registrar of Companies (“ROC”), Central Processing Centre.

Major Events and Milestones:

2008

- Execution of a long-term Power Purchase Agreement with Punjab State Power Corporation Limited

2013

- Signing of Fuel Supply Agreement with MCL for supply of coal aggregating to 7.72 MTPA.

- Establishment of dedicated railway connectivity through the rail corridor from Sadda Singh Wala Railway Station.

2016

- Achievement of Commercial Operation Date (COD) of the power station.

2017

- End-to-end Operations and Maintenance (O&M) outsourcing

2022

- Declared winner for outstanding achievements in Green Belt Development

- Recognized as “Energy Efficient Unit” at National Awards for excellence in Energy Management

2023

- Execution of agreement with Ashtech India for 100% end-to-end ash management.

2024

- Rationalization of coal linkage from MCL to SECL and NCL for 6.15 MTPA

- Initiation of co-firing of Torrefied Biomass pellets along with coal.

- Certified as Single use Plastic Free Plant

- Registered office changed from State of Punjab to Maharashtra (Mumbai)

- Refinancing of existing rupee term loan with SBI, Canara Bank and ICICI Bank by drawdown of RTL from PFC for ? 2,400 Cr.

- Installation of automatic sample preparation unit for coal sampling

- Secured Silver prize at 1st FICCI Awards for Excellence in Maintenance

- Awarded with International British Safety Award from British Safety Council

2025

- Designated as a Prohibited Area by the Department of Home Affairs, Government of India.

- Certified for ISO 9001:2015, 14001:2015, 45001:2018, 50001:2018, 39001:2012

- Awarded for Efficient Management of Fly Ash (=1500 MW) in the Private Sector - Northern Region by the Mission Energy Foundation

- Execution of a long-term ash sales agreement with Adani Cements for a tenure of 16 years

- Awarded NABL Accreditation for ISO/IEC 17025:2017 in the field of testing

2026

- Transfer and vesting of Merchant Power Business (Demerged Undertaking) from VEDL to Company pursuant to the Scheme.