Vedanta is one of India’s largest private sector power generators. The availability of power in India is increasing, but demand outstrips supply leading to a substantial power shortage. Around 280 million people in India do not have electricity connections and the Government aims to supply power to all homes by 2019.
The company’s power business also include Talwandi Sabo Power Limited (TSPL), a wholly-owned subsidiary of Vedanta Ltd. TSPL had signed a power purchase agreement with the Punjab State Power Corporation Limited (PSPCL) for the establishment of 1,980 MW (three Units of 660 MW each) thermal coal-based power plant. All three Units have been commissioned and plant became fully operational in August 2016. In FY 2016-17, TSPL supplied 6379 Million Units and in FY 2017-18 (Till 31st Jan 2018), TSPL supplied 6399 Million Units to Punjab State Power Corporation Ltd. (PSPCL).
For more information about Power visit: www.tsplindia.com