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Vedanta Limited Power Unit Update: Thermal Energy Crucial for India's Grid Stability Amidst Renewable Push
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Vedanta Power: Thermal Key to India's Energy, NCLT Plants Operational
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CNBC Awaaz
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20-03-2026, 13:27
Vedanta Power: Thermal Key to India's Energy, NCLT Plants Operational
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Vedanta Limited's power unit emphasizes thermal power as the primary base load for India's energy needs, despite renewable energy discussions.
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The company states that renewable energy expansion requires grid stability, as solar and wind alone are insufficient without a robust grid.
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Vedanta Power has operationalized non-working power projects acquired through NCLT.
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The 1,000 MW Meenakshi Plant in Andhra Pradesh and the 600 MW Athena Plant in Chhattisgarh are now operational.
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The company is considering a demerger for business expansion and plans to acquire more stressed assets via NCLT.
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