India’s Leading Private
Thermal Power Producer
Vedanta Power Limited, part of the diversified Vedanta Resources Limited, is among India’s leading private power producers, delivering reliable and affordable power that lights homes, touches lives, and drives transformation across the nation.
With a total thermal power capacity of 4,780 MW, the company supplies power to discoms nationwide through long-term partnerships, while supporting emerging grid requirements.
With a multi-state footprint and long-term offtake commitments, Vedanta Power is reinforcing grid stability as a cornerstone of India’s energy security.
Founder’s Journey in Powering India’s Growth
The power sector lies at the heart of a modern, industrial nation, enabling infrastructure, accelerating economic growth, and improving quality of life. Guided by this belief, our founder and Chairman, Anil Agarwal, envisioned a future where reliable and affordable power would illuminate homes and power industries across India.
This vision took shape in 2006, with the signing of a landmark memorandum of understanding between Vedanta Limited (then Sterlite Energy) and Grid Corporation of Odisha Limited, the Government of Odisha’s state grid utility. This led to the commissioning of the Jharsuguda Thermal Plant, Odisha, supplying electricity to the state and laying the foundation for a growing portfolio.
Building on this momentum, TSPL was incorporated in 2008 in Punjab’s Mansa district, with a clear mandate to supply 100% of its power to the state grid, strengthening regional energy security and reinforcing Vedanta’s commitment to nation-building.
Over the years, this vision has evolved into a strategy of scale, resilience, and transformation. In 2022, Vedanta acquired a partially constructed thermal power plant in Chhattisgarh, advancing it into the Sakti Thermal Plant.
This was followed by a landmark acquisition in 2023, bringing Meenakshi Energy Limited in Andhra Pradesh into the fold. In a strong demonstration of execution excellence, the plant was fully commissioned within two years of acquisition, transforming a distressed asset into a fully operational power station.
Together, these milestones reflect Anil Agarwal’s enduring vision for the thermal power sector and Vedanta’s proven capability to transform opportunity into impact, turning underutilised assets into engines of growth, and powering India’s journey forward.
Scaling with Discipline
Building to Power Lives
Vedanta Power's journey reflects a focused approach towards building scale through disciplined execution and strategic expansion. From a strong regional base, the business portfolio has rapidly evolved into multi-state thermal power assets through development, acquisition and turnaround.
From one plant to four, our portfolio has expanded significantly, supported by operational stabilisation, integration of acquired assets and strengthening of core systems. This growth is aligned with India's rising energy demand, where thermal power continues to play a critical role in ensuring grid reliability.
Scale Across Strategic Locations
1,980 MW
Mansa District, Punjab
Super-critical Plant
1,200 MW
Sakti District, Chhattisgarh
Sub-critical Plant
600 MW
Jharsuguda, Odisha
Sub-critical Plant
1,000 MW
Nellore, Andhra Pradesh
Sub-critical Plant
Executing with Precision, Delivering Results
Vedanta Power operates through a structured model focused on reliability, efficiency and long-term sustainability. The business integrates fuel security, operational excellence, technological leadership and strategic capacity expansion, reinforcing grid stability as a cornerstone of India’s energy security.
Secured domestic coal sourcing across assets.
Long-term and mid-term PPAs ensuring stable offtake.
Focus on asset turnaround and performance optimisation.
Strong transmission connectivity across regions.
Driving Purpose Through Clarity
Our Mission
To deliver round-the-clock affordable power through operational excellence, tech-driven solutions and capacity building, driven by a shared purpose.
Our Vision
Leading energy security with reliable power, for a future that inspires inclusive and sustainable growth.
Say CIIAO To The Principles That Guide Us
Vedanta Power’s operations are anchored in a strong value system that drives performance, accountability and long-term growth.
Care
We put people, safety, communities and the planet at the heart of every decision.
Integrity
We do what is right, with transparency, accountability and responsible leadership.
Innovation
We challenge convention, create smarter solutions, and build for the future.
Agility
We move fast, adapt quickly, simplify constantly and stay ahead of change.
Ownership
We take responsibility, act decisively and deliver like 'owners with an enterprise mindset'.
Leadership in Action
Vedanta Power is led by a team of seasoned professionals with deep expertise across power generation, operations, finance, and large-scale project execution, guided by an experienced board that sets the strategic direction.
Anil Agarwal is the Chairman of Vedanta Group. He has been the Executive Chairman of Vedanta Resources since March 2005. He founded the Vedanta Group in 1976 and has over four decades of entrepreneurial experience. He has helped shape the strategic vision of the Company to contribute to the larger purpose of uplifting communities.
Under his leadership, Vedanta has grown from an Indian domestic miner to a global natural resources group, with a world-class portfolio of large, diversified assets in oil & gas, zinc, silver, aluminium, copper, nickel, iron & steel and power that are capable of generating strong cash flows.
Anil Agarwal's vision is to empower the nation by achieving self-sufficiency in the natural resources sector. Over the years, he has invested over US$35 billion for the development of the natural resources sector in India. He has also been a strong advocate for the growth of the MSME sector and startups in India.
He believes that businesses must give back to the society and help them prosper. Hence, he has pledged 75% of his wealth for social good and signed The Giving Pledge, a movement of global philanthropists who have committed to giving away the majority of their wealth towards philanthropic and charitable causes. Anil Agarwal is committed to promoting the well-being of the communities with a focus on women and child development. His dream project, Nand Ghar, is developing model anganwadis across India that are focused on eradicating child malnutrition, providing education, healthcare, and empowering women with skill development. He is also committed to nurturing the youth through the promotion of sports and grassroot talent by developing state of the art sports infrastructure in India.
The Anil Agarwal Foundation is committed towards empowering communities, transforming lives and facilitating nation building through sustainable and inclusive growth. The Foundation has teamed up with the Bill & Melinda Gates Foundation to improve health and nutritional outcomes.
Rajinder Singh Ahuja, an electrical engineer from MANIT Bhopal, brings over 27 years of leadership experience across Safety, ESG, and Power projects. He began his career with the Aditya Birla Group and joined Vedanta in 2003.
A homegrown leader within the Vedanta Group, Rajinder has helmed diverse functions spanning project execution, commissioning, operations, business strategy, and HSE (Health, Safety & Environment). At Vedanta, he has played a pivotal role in the commissioning and operation of captive thermal, solar, and wind power plants at Hindustan Zinc Ltd., and later led HSE and Sustainability for Vedanta Limited, driving best-in-class standards across businesses.
In his current role as CEO – Power Business, Rajinder is spearheading Vedanta Power’s strategic transition as a demerged entity, driving the expansion of its 4.78 GW IPP (Independent Power Producer) portfolio, unlocking value through growth, efficiency, and cost optimisation, while setting new benchmarks in sustainability and HSE excellence.
Tarun Jain brings over four decades of experience spanning corporate finance, audit and accounting, taxation, secretarial practice, and strategic financial management. His expertise extends to corporate strategy, business development, and mergers and acquisitions.
He is a Fellow Member of the Institute of Chartered Accountants of India, the Institute of Company Secretaries of India, and the Institute of Cost Accountants of India. Tarun Jain also serves as a director on the boards of Bharat Aluminium Co. Limited Vedanta Medical Research Foundation, Aart Corporate Advisors Private Limited, Rajtaru Charity Foundation, Rushabhnath Digamber Jain Foundation, Jain International Trade Organisation, Shree Khandelwal Digamber and Jain Samaj Foundation.
He has previously held directorship positions at Vedanta Limited, Cairn India Limited, Sterlite Opportunities and Ventures Limited, and Vedanta Aluminium Limited.
Suresh Balasubramaniam, a Chartered Accountant and Founder & CEO of Capital Express, brings 35 years of experience in investment banking and financial advisory. He has advised on a wide range of transactions, including equity and debt financing, mergers and acquisitions, international fundraising, and structured finance.
He previously served as Managing Director & CEO of American Orient Capital Partners, India (formerly AIA Capital), a pan-Asian financial advisory joint venture backed by AIG, UFJ Bank of Japan, and other global institutions.
Earlier in his career, Suresh held senior leadership roles at Credit Lyonnais Bank in India, where he led merchant banking, capital markets, project and structured finance, and correspondent banking. He was also a member of the bank’s apex committees, including management, credit, personnel, audit, and risk management.
Suresh has served on the Boards of Great Offshore Ltd., Dhanalakshmi Bank Ltd., and Asianet Communications Ltd. He brings with him deep expertise and longstanding relationships across corporates, banks, funds, and financial institutions.
Roma Ashok Balwani is currently Director & Chief Mentor at Strategic Resources, a management advisory firm specialising in leadership development, ESG, brand strategy, and reputational risk management. Her recent venture, RB Foundation, focuses on purpose-driven brands and ESG maturity models.
Roma brings over four decades of experience across leading manufacturing organisations, including L&T, the Mahindra Group, and the Vedanta Group, where she has led diverse facets of strategic business. In her previous role, she served as President – Brand & Communications at the Vedanta Group.
She is an Independent Director at Godawari Power & Ispat Limited, part of the Hira Group, and previously served as an Independent Director at John Cockerill India Limited for nearly a decade, where she also chaired the NRC and CSR Committees. She is also a member of the TeamLease EdTech Advisory Board, which focuses on enterprise learning solutions.
Deeply committed to giving back, Roma is actively associated with disability cricket as the pro bono CEO and Brand Custodian of the Indian Differently-Abled Cricket Association (IDCA). She also champions deaf cricket, supporting hearing-impaired youth with sporting talent.
Roma has received numerous Indian and international awards and accolades. Her leadership journey has been featured in an academic research paper published by the International Journal of Critical Accounting. Additionally, her story has been chronicled in two recent publications—Sheroes Amongst Us: Real Women, Real Stories and Surge—where she is recognised as a thought leader in corporate communication.
Rahul Arun Shetty is a UK-based investment professional and entrepreneur, currently serving as Founder & Director of Optimus Investments, a London-headquartered firm focused on real estate investment, asset management, and capital raising.
Rahul has over 14 years of experience in investment banking and real estate. Prior to Optimus, Rahul was an investment banker with bulge bracket banks such as Lehman Brothers, Nomura, and Barclays. He has raised £30m of investments from the UK for investments into Indian real estate. He previously managed a commercial real estate portfolio in the UK for a family office.
At Optimus, he focuses on UK real estate investments, structuring opportunities for international investors and managing development and asset portfolios. The firm operates out of London and has been active since 2019. He holds a degree in Computer Engineering and is an alumnus of Duke University.
Deep expertise in HSE, executive leadership, and power operations.
Rajinder Singh Ahuja, an electrical engineer from MANIT Bhopal, brings over 27 years of leadership experience across Safety, ESG, and Power projects. He began his career with the Aditya Birla Group and joined Vedanta in 2003.
A homegrown leader within the Vedanta Group, Rajinder has helmed diverse functions spanning project execution, commissioning, operations, business strategy, and HSE (Health, Safety & Environment). At Vedanta, he has played a pivotal role in the commissioning and operation of captive thermal, solar, and wind power plants at Hindustan Zinc Ltd., and later led HSE and Sustainability for Vedanta Limited, driving best-in-class standards across businesses.
In his current role as CEO – Power Business, Rajinder is spearheading Vedanta Power’s strategic transition as a demerged entity, driving the expansion of its 4.78 GW IPP (Independent Power Producer) portfolio, unlocking value through growth, efficiency, and cost optimisation, while setting new benchmarks in sustainability and HSE excellence.
Strategic finance leadership with assurance expertise.
With over 17 years at Vedanta, Pankaj Jha began his journey at Vedanta-owned BALCO after qualifying as a Chartered Accountant, building a strong foundation in cost-conscious frameworks and operational excellence. He most recently served as CFO of Vedanta Ltd.’s Jharsuguda unit, where he led financial strategy, drove cost optimisation, and strengthened governance and internal controls.
Pankaj’s experience spans Africa, Asia, the Middle East, and Europe, bringing a global perspective to financial leadership. He now serves as CFO of Vedanta Power at a pivotal phase of its evolution. As the business scales its capacity and strengthens its position in India’s energy landscape as a demerged entity, he is focused on optimising financial performance, enabling value creation, reinforcing governance, and accelerating digital transformation across operations.
Leading talent acquisition, organisational development, and people strategy.
Sunayana Pathak is a seasoned HR leader with extensive experience in talent strategy, HR transformation, and digital HR. She currently serves as CHRO – Power at Vedanta, where she leads the people strategy for the business, driving workforce planning, talent transformation, and leadership hiring, while strengthening overall organisational effectiveness.
Prior to this, she served as Group Head – Talent Acquisition at Vedanta and as Head – Talent Acquisition & Digitisation at Cairn Oil & Gas, where she played a key role in building future-ready talent ecosystems and advancing HR digitisation initiatives.
With close to two decades of experience across HR leadership, talent acquisition, and transformation, she brings a sharp focus on aligning people practices with business priorities. She holds an MBA in Human Resources and a BA (Hons.) in English, and is known for her strengths in talent strategy, HR digitisation, leadership hiring, and organisational effectiveness.
Seasoned leader in power operations and industrial management.
Pankaj Sharma has been leading operations at Talwandi Sabo Thermal Plant, Punjab since 2019. Under his leadership, the plant has strengthened its position as a key contributor to Punjab’s power ecosystem, supplying nearly 35% of the state’s electricity demand. His focus on operational rigour, safety, and performance excellence has also driven key technological initiatives, including large-scale biomass co-firing.
Pankaj brings deep operational expertise, strong institutional knowledge, and a people-centric leadership approach to the power business. With over 28 years of experience, including nearly three decades with the Group since 1997, he has held critical roles across key operations such as The Madras Aluminium Company Limited, Bharat Aluminium Company Limited, and Vedanta Aluminium Jharsuguda, before taking charge at Talwandi Sabo Thermal Plant.
These diverse experiences have shaped his leadership philosophy, one that is anchored in the belief that sustainable success lies in striking the right balance between people, process, and purpose.
In addition to his role at Talwandi Sabo Thermal Plant, Pankaj leads the Power sector’s Centre of Excellence (CoE), where he focuses on advancing operational excellence, digital transformation, sustainability, and capability building to develop a future-ready power portfolio.
Extensive expertise in power plant operations and management.
Binu Raphael is a seasoned industry leader with over 22 years of experience in managing large-scale industrial operations. He brings strong expertise in business strategy execution, process standardisation, organisational planning, and driving end-to-end growth initiatives.
He has been associated with the Vedanta Group since 2004, contributing across key businesses such as Hindustan Zinc Limited (HZL) and Sterlite Copper, where he has played an important role in driving operational excellence and performance improvement. Since 2024, he has been part of Meenakshi Energy Limited and has been instrumental in the turnaround and operationalisation of the asset.
Strategic leadership in power operations and project execution.
Devendra Kumar Patel is a seasoned electrical engineer from the Bhilai Institute of Technology, Durg (Chhattisgarh), bringing with him 31 years of rich and diverse experience across the power and metals sectors. His expertise spans project execution, commissioning, plant operations and maintenance, reliability engineering, and quality assurance.
Associated with Vedanta since 2002, he has played a pivotal role in delivering complex projects and ensuring their seamless commissioning and ramp-up. His strong track record reflects consistent success in on-time project delivery, operational excellence, and performance optimisation. He possesses exceptional coordination and liaison capabilities with statutory authorities, regulatory bodies, and government departments, enabling smooth project execution and compliance. His proficiency in planning and implementing operations and maintenance strategies has significantly enhanced overall plant reliability and asset performance.
During his tenure at Bharat Aluminium Company Limited (BALCO), he made substantial contributions towards strengthening power system reliability, improving plant efficiency, and successfully commissioning and achieving 1,740 MW capacity. He has also been instrumental in evaluating and executing major capital expenditure projects, along with driving risk mitigation initiatives to enhance productivity and operational reliability.
At Vedanta Limited Chhattisgarh Thermal Power Plant (VLCTPP), 2x600 MW project acquired through NCLT, Devendra has played a pivotal leadership role in project execution, establishing operations, and spearheading successful commissioning of the first 600 MW unit in 2025.
Excellence Powered by
Innovation and Responsibility
