Vedanta Power Plans Expansion Into Hydro, BESS And Nuclear
The company has set a long term target of building its power generation capacity to 20 gigawatt (GW). The plan includes increasing installed capacity to 12 gigawatt (GW) by FY33 and progressing additions at existing assets.
Vedanta Power described nuclear energy as a potential contributor to the energy transition because it can deliver round the clock electricity and support grid reliability and industrial demand. The company noted that nuclear offers a steady supply compared with intermittent renewable sources and could underpin baseload requirements, supporting efforts to balance supply and demand as renewable capacity rises.
The company said it is also evaluating hydro power and battery storage to complement its generation portfolio and expects hydro to assist balancing needs while battery storage can manage fluctuations in solar and wind generation and improve flexibility. A significant portion of future expansion is expected to come through brownfield projects, enabling use of existing infrastructure to reduce execution risks. Vedanta Power began trading on the BSE and NSE following the demerger of Vedanta Ltd and the listing ceremony was held on 15 June. The second 600 megawatt (MW) unit at the Sakti power plant is scheduled for commissioning in the second half of FY27 and the company said the market listing marks its transition into a standalone power business with its own operational structure.