Vedanta Power vs Tata Power vs Adani Power: Which Stock Is the Ultimate Winner in Power Stock Battle?

Vedanta Power vs Tata Power vs Adani Power: Vedanta Power's share price remained in green after touching a fresh all-time high in the previous session. The stock has seen heightened volatility after listing post-Vedanta demerger earlier this week. As the power generation stock is regaining momentum after hitting all-time highs in the previous session, let's compare the newly-listed Vedanta Power stock with its peers like Tata Power and Adani Power.

Vedanta Power vs Tata Power vs Adani Power: Share Price Trend

Vedanta Power share price today closed 0.49% higher at Rs 41.05 per share on BSE with a market capitalisation of Rs 16,052.14 crore on Friday. The stock had touched an intraday high of Rs 42.20 per share and an intraday low of Rs 39.15 per share.

Tata Power share price closed 0.14% higher at Rs 402.8 per share on BSE with a market capitalisation of Rs 1,28,484 crore on Friday. Adani Power share price today closed 0.24% higher at Rs 231.45 per share on BSE with an MCap of Rs 4,46,344.26 crore.

Vedanta Power vs Tata Power vs Adani Power: Revenue Review

Vedanta Power's revenue stood at Rs 8,891crore in FY26, supported by its 4.18 GW thermal power portfolio. EBITDA stood at Rs 1534 crore in FY26. Tata Power's FY26 revenue stood at Rs 63,681 crore, and EBITDA grew at Rs 16,090 crore, which was 11% higher than the previous year. Adani Power's operating revenue stood at Rs 53,781.45 crore in FY26.

Vedanta Power vs Tata Power vs Adani Power: Understanding The Business Model

Vedanta Power, formerly named as Talwandi Sabo Power Plant. Vedanta Power operates around 4.18 GW of thermal power capacity and aims to become one of the top three private thermal power players of the financial year 2033 through a combination of organic expansion and asset turnarounds.

Its portfolio includes Talwandi Sabo, in Punjab (1,980 MW), Vedanta Power Meenakshi Energy, in Andhra Pradesh (1,000 MW), Vedanta Power Sakti, Chhattisgarh (600 MW operational with another 600 MW under commissioning), and Vedanta Power Jharsuguda, Odisha (600 MW).

Adani Power, which is part of Gautam Adani's conglomerate, is one of the largest private thermal power producers with a massive coal-based generation capacity spread across different Indian states.

Adani Power has a power generation capacity of 18.110 GW comprising thermal power plants in Gujarat, Maharashtra, Karnataka, Rajasthan, Chhattisgarh, MP and other Indian states.

Unlike former companies, Tata Power's business is more than power generation as it operates as an integrated company spanning the entire power value chain. It operates in power generation, transmission, distribution, solar manufacturing, and rooftop solar.

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