Date: October 03, 2026

Production Performance Summary

Vedanta Power Limited announced its production numbers for the second quarter ended September 30, 2026. The company reported record sales momentum with Q2 sales increasing 26% year-over-year to 5,593 million units. Half-yearly sales reached 10,817 million units, representing a 32% increase compared to the same period last year.

Plant-wise Performance Details

Overall Performance:

  • Q2 FY27 Power Sales: 5,593 million units (vs. 4,433 million units in Q2 FY26)
  • Q1 FY27 Power Sales: 5,224 million units
  • H1 FY27 Power Sales: 10,817 million units (vs. 8,217 million units in H1 FY26)

Talwandi Sabo Thermal Plant:

  • Q2 FY27: 2,945 million units (6% increase YoY from 2,789 million units)
  • Q1 FY27: 2,723 million units (8% increase QoQ)
  • H1 FY27: 5,668 million units (3% increase YoY from 5,504 million units)
  • Plant Availability Factor: 79% in Q2 FY27 (vs. 90% in Q2 FY26), 86% in Q1 FY27, 83% for H1 FY27 (vs. 90% in H1 FY26)

Sakti Thermal Plant (formerly Athena Power Plant):

  • Q2 FY27: 305 million units (53% decrease YoY from 644 million units)
  • Q1 FY27: 464 million units (34% decrease QoQ)
  • H1 FY27: 769 million units (19% increase YoY from 644 million units)
  • The plant has been temporarily shut down since April 14, 2026, following a boiler blast in unit-I

Meenakshi Energy Ltd:

  • Q2 FY27: 1,470 million units (111% increase YoY from 695 million units)
  • Q1 FY27: 1,350 million units (9% increase QoQ)
  • H1 FY27: 2,820 million units (160% increase YoY from 1,086 million units)
  • Note: Q1 FY26 performance reflected operations of a single 300 MW unit. With full capacity (1,000 MW) operational, current performance is presented on the expanded capacity base

Jharsuguda Thermal Plant:

  • Q2 FY27: 873 million units (186% increase YoY from 305 million units)
  • Q1 FY27: 687 million units (27% increase QoQ)
  • H1 FY27: 1,559 million units (59% increase YoY from 983 million units)
  • Plant Availability Factor: 98% in Q2 FY27 (vs. 43% in Q2 FY26), 93% in Q1 FY27, 95% for H1 FY27 (vs. 55% in H1 FY26)

Operational Context and Notes

The company noted that Vedanta Power Limited was demerged from Vedanta Limited during Q1 FY27. Consequently, the quarter includes both pre- and post-demerger periods, and comparisons with prior periods should be viewed accordingly.

Regarding Talwandi Sabo Thermal Plant, the PPA with the Punjab State Government compensates based on normative plant availability at 80%, and the plant's availability for H1 stood well above 83% at 83%.

The decline in power sales at Sakti Thermal Plant was primarily due to reduced plant availability following a boiler incident on April 14, 2026, which significantly impacted operations during the quarter.

Company Background

Vedanta Power Limited has current installed capacity of 4.2 GW with an additional 0.6 GW Shakti U2 under project phase, making it the 5th largest private thermal capacity in India. The portfolio includes:

  • 1,980 MW plant in Mansa, Punjab
  • 1,000 MW facility in Nellore, Andhra Pradesh
  • 1,200 MW in Sakti, Chhattisgarh
  • 600 MW unit in Jharsuguda, Odisha

Disclaimer Note

The company noted that Vedanta Power Limited became effective on May 1, 2026, while the operational performance is presented for the full quarter of the business constituents of VPL as they exist at the end of second quarter of FY2027 for meaningful like-for-like comparison with historical performance.