365telugu.com online news,National, November 6, 2025:Vedanta Limited’s thermal power arms, Meenakshi Energy Limited (MEL) and Vedanta Limited Chhattisgarh Thermal Power Plant (VLCTPP), have inked a landmark 500 MW Power Purchase Agreement (PPA) with Tamil Nadu Power Distribution Corporation Limited (TNPDCL), bolstering the conglomerate’s Independent Power Producer (IPP) portfolio and cementing its role in India’s energy stability.
Under the five-year deal—running from February 1, 2026, to January 31, 2031—at a competitive tariff of approximately ₹5.38/kWh, MEL will supply 300 MW while VLCTPP contributes 200 MW. This haul represents the lion’s share of TNPDCL’s 1,580 MW tender, highlighting Vedanta’s edge in efficiency and rapid asset revival.
Both plants, recently snapped up by Vedanta, sprang back to life in record time: MEL, a 1,000 MW facility in Andhra Pradesh’s Tirupati district acquired in 2023, hit full throttle within two years; VLCTPP, a 1,200 MW site in Chhattisgarh bought as a half-built project in 2022, fired up its first 600 MW unit in August 2025.
Rajinder Singh Ahuja, CEO – Power, Vedanta Limited, hailed the win: “Thermal baseload power remains the backbone of India’s energy security.
This PPA showcases our turnaround prowess-from reviving stressed assets to delivering reliable supply. It boosts revenue predictability ahead of our planned Vedanta Power demerger, fueling sustainable growth.”
Vedanta Power, encompassing nearly 12 GW of thermal capacity (including 5 GW merchant IPP assets across Punjab, Andhra Pradesh, Chhattisgarh, and Odisha), powers discoms, utilities, and industries nationwide. Key sites include Talwandi Sabo in Punjab, Singhitarai in Chhattisgarh, Thamminapatnam in Andhra Pradesh, and Jharsuguda in Odisha, with a merchant fleet of 4,780 MW.
As a Vedanta subsidiary, MEL emphasizes safe, fuel-secure operations at its 1,000 MW (2×150 MW + 2×350 MW) plant, while VLCTPP’s 1,200 MW (2×600 MW) coal-fired setup in Sakti district prioritizes community ties and environmental stewardship.
This PPA not only enhances Vedanta’s financial firepower but also advances India’s resilient energy ecosystem, blending merchant agility with long-term utility partnerships.
For more information, visit: https://www.vedantalimited.com/eng/businesses-power.php