Vedanta has entered into a pact with Tamil Nadu power distribution company (TNPDCL) for supply of 500 MW of electricity at the rate of Rs 5.38/kWh. Under the agreement, Vedanta’s business units Meenakshi Energy (MEL) will supply 300 MW and Vedanta Chhattisgarh Thermal Power Plant (VLCTPP) will supply 200 MW to TNPDCL.
The five-year contract, effective from February 1, 2026 to January 31, 2031, has been awarded at a tariff of Rs 5.38/kWh. Vedanta Power, which includes Meenakshi Energy in Andhra Pradesh and Vedanta Chhattisgarh Thermal Power Plant, secured the highest allocation of 500 MW out of a total 1,580 MW tendered by TNPDCL.
Vedanta is a diversified natural resources company, whose business primarily involves producing oil and gas, zinc- lead-silver, copper, iron ore, aluminium and commercial power.
| Company Name | CMP |
|---|---|
| Hindalco | 1021.05 |
| Vedanta | 771.05 |
| Hindustan Zinc | 595.40 |
| Jain Resource Recycl | 419.45 |
| Gravita India | 1667.95 |
| View more.. | |
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