Total Power Sales: 5225 million units in Q1 FY27, compared to 3784 million units in Q1 FY26 (38% increase year-on-year) and 5530 million units in Q4 FY26 (6% decrease quarter-on-quarter).
Plant-wise Sales Breakdown:
Talwandi Sabo Thermal Plant: 2723 million units in Q1 FY27, flat year-on-year (0% change from 2715 million units in Q1 FY26) and up 14% quarter-on-quarter (from 2386 million units in Q4 FY26).
Sakti Thermal Plant (formerly known as Athena Power Plant): 465 million units in Q1 FY27, not comparable year-on-year (0 million units in Q1 FY26 due to single unit operation) and down 57% quarter-on-quarter (from 1087 million units in Q4 FY26).
Meenakshi Energy Ltd: 1350 million units in Q1 FY27, up 245% year-on-year (from 391 million units in Q1 FY26) and up 16% quarter-on-quarter (from 1161 million units in Q4 FY26).
Jharsuguda Thermal Plant: 687 million units in Q1 FY27, up 1% year-on-year (from 678 million units in Q1 FY26) and down 23% quarter-on-quarter (from 896 million units in Q4 FY26).
Plant Availability Factor (PAF):
Talwandi Sabo Thermal Plant: 86% in Q1 FY27, compared to 90% in Q1 FY26 and 77% in Q4 FY26.
Jharsuguda Thermal Plant: 93% in Q1 FY27, compared to 66% in Q1 FY26 and 94% in Q4 FY26.
Operational Highlights and Context
Meenakshi Energy Ltd achieved significant growth with sales increasing 245% year-on-year and 16% quarter-on-quarter, reflecting expanded capacity operations (1000 MW full capacity vs. single 300 MW unit in Q1 FY26).
Talwandi Sabo Thermal Plant's PAF improved sequentially to 86%, exceeding the normative 80% plant availability required under the Power Purchase Agreement (PPA) with the Punjab State Government, which compensates based on normative availability.
Sakti Thermal Plant was temporarily shut down since April 14, 2026, following a boiler blast in unit-I, which significantly reduced plant availability and sales during the quarter.
Vedanta Power Limited demerged from Vedanta Limited effective May 1, 2026, and Q1 FY27 includes both pre- and post-demerger periods, making historical comparisons less straightforward.
The company has an installed capacity of 4.2 GW, with an additional 0.6 GW Shakti U2 under project phase, and operates plants in Mansa (Punjab, 1980 MW), Nellore (Andhra Pradesh, 1000 MW), Sakti (Chhattisgarh, 1200 MW), and Jharsuguda (Odisha, 600 MW).
Regulatory and Additional Information
The document includes forward-looking statements disclaimer, noting uncertainties in future performance.
Contacts provided: Mr. Charanjit Singh for investor enquiries and Ms. Sonal Choithani for media queries.
