Vedanta Power Targets Hydro, Battery Storage and Nuclear Energy

Vedanta Power Ltd, which recently debuted on the stock exchanges following its demerger from Vedanta Ltd, is set to explore opportunities in hydro power, battery energy storage systems (BESS) and nuclear energy as part of its long-term growth and diversification strategy aimed at strengthening its position in India’s evolving energy sector.

In a statement, the company described the listing as a significant milestone that positions s an independent and focused power business equipped to meet India's rapidly rising electricity demand. It further said that nuclear energy is emerging as a critical component of India's clean energy transition due to its ability to provide reliable round-the-clock electricity while supporting decarbonisation goals.

Alongside Vedanta Power, Vedanta's other demerged businesses in aluminium, oil and gas, and iron and steel also commenced trading on the exchanges.

Vedanta Power's shares were listed on both the BSE and the National Stock Exchange, with the listing ceremony held on June 15 and led by Anil Agarwal.

Looking ahead, Vedanta Power has outlined plans to expand its generation capacity to 20 GW, with the ambition of becoming one of India's top three private-sector power producers. As part of this expansion roadmap, the company expects to commission the second 600 MW unit of its Sakti power plant during the second half of FY27.

The company further targets increasing its total installed capacity to 12 GW by FY33. A substantial share of the planned capacity addition is expected to come through brownfield expansion projects, enabling the company to leverage existing infrastructure, operational expertise, and cost efficiencies.