Vedanta Power Ltd · NSE:VEDPOWER
Vedanta Power — Investor Presentation (May 2026)
31 slides from Vedanta Power's investor presentation, May 21, 2026
Slide 1: Vedanta Power
Vedanta Power Aiming to be Among Top 3 Private Thermal Power Players
Slide 2: Table of Contents
I Table of Contents 01 Group Structure 3 02 Value Proposition 4 03 Industry Overview 6 04 Asset Profile 9 05 Consolidated Financials 13 06 Growth Projects 16 07 ESG 20 ‹#› 2
Slide 3: Vedanta Group Structure - Post Demerger
I Vedanta Group Structure - Post Demerger Listed Businesses Post Demerger Listed Entities Vedanta Inc Unlisted Entities 42.90% 42.90% 61.8%1 71.3% 35% 79.4% STL Networks Sterlite Vedanta Sterlite Electric Sterlite Grid 5 Serentica Konkola Copper Mines Ltd Tech (STL) Resources Ltd Ltd Ltd Renewables
Slide 4: Value Proposition
Value Proposition
Slide 5: Value Proposition
I Value Proposition V eda nta Power Vision: To be Among Top 3 Private Thermal Players; Support India’s Power growth plan in next 2 decades Indian Power Sector in a Multi-Year Structural Growth Cycle ▪ Power demand in India is expected to see strong growth on the back of new growth vectors like data
Slide 6: Industry Overview
Industry Overview
Slide 7: Power Generation – Driving Economic Growth
I Power Generation – Driving Economic Growth V eda nta Power 2024 Power Consumption (kwh/capita) 48998 India’s low per capita power consumption – High growth potential 2000kwh by 2030 4000kwh by 2047 23673 12835 14084 6109 6447 7530 2658 3068 4198 195 1460* Kenya India Mexico Brazil UK Germany Franc
Slide 8: The Next Generation of Energy Demand
I The Next Generation of Energy Demand V eda nta Power India’s Next-generation Industrial and Economic Structure driving significant boom in continuous energy demand Datacenters Industrials Requirement of uninterrupted RTC electricity supply • Power demand: 13.6 GW by FY2031–32 • Industrial power ba
Slide 9: Asset Profile
Asset Profile
Slide 10: Current Portfolio: 5th Largest Private Thermal Power Producer in India
I Current Portfolio: 5 Largest Private Thermal Power Producer in V eda nta Power th India Sakti Thermal Plant, Talwandi Sabo Thermal Plant, Punjab Chhattisgarh Highlights 1980 MW 1200 MW (3 x 660 MW) (600 MW Operational; 600 MW Capacity Under Commissioning) Super-Critical Power Plant Operational 418
Slide 11: Asset Overview
I Asset Overview V eda nta Power Talwandi Sabo Jharsuguda Meenakshi Energy Sakti Thermal Thermal Plant Thermal Plant Ltd Plant1 (1980 MW) (600 MW) (1000 MW) (1200 MW) Design Fuel Type Domestic Domestic Imported Domestic 35%: 65%, Import : Domestic Coal Sourcing 100% Domestic Linkage 100% Domestic Li
Slide 12: Capacity Roadmap
I V eda nta Power Capacity Roadmap Plan1 11980 MW 4780 MW 4180 MW 150% 14% 2580 MW 62% 330% 600 MW FY11 FY17 FY26 FY27 FY33 Odisha Punjab Andhra Pradesh Chhattisgarh Chhattisgarh Jharsuguda Talwandi Sabo Meenakshi Sakti Sakti 1980 MW 1000 MW 1200 MW 7200 MW 600 MW 2580 MW 4180 MW 4780 MW 11980 MW (i
Slide 13: Consolidated Financials
Consolidated Financials
Slide 14: Vedanta Power To Deliver Robust Growth
I Vedanta Power To Deliver Robust Growth V eda nta Power 2.3X Exponential Revenue Growth EBITDA Growing at 50% CAGR Transitioning from –ve to +ve FCF Revenue (₹ Crs) EBITDA (₹ Crs) 3220 3262 FCF from Core Operations(₹ Crs) 13943 14105 2233 11964 1965 2274 8891 1079 1534 6022 650 195 FY25 FY26 FY27e1
Slide 15: CoP reduction focus
I CoP reduction focus V eda nta Power Operational Efficiencies Sakti Thermal Plant Meenakshi Energy Ltd (₹/GCV) (₹/GCV) 30% 1.03 Domestic coal 65% 1.59 Domestic coal 0.13 1.51 100% -0.15 Domestic coal -0.03 0.77 1.37 -0.08 0.72 -0.21 -0.14 -0.05 FY26 BP Coal Linkage Mines 0% Premium FY27 Est Siding
Slide 16: Growth Projects
Growth Projects
Slide 17: Our Growth Strategy
I Our Growth Strategy V eda nta Power Short-Term (1-2 years) Medium Term (3-5 years) Long term (Vision) Sakti Thermal Power Expansion Nuclear & Plant Ramp - Up & Captive Coal Distribution Nuclear Operational Thermal Power Generation Contribute to India's plan to scale nuclear capacity 600 MW Grow th
Slide 18: Medium Term Expansion
I Medium Term Expansion V eda nta Power 7.2 GW Addition at Sakti Thermal Plant Units Size Land Availability Power Evacuation Strategic Location 9 x 800 MW Land Identified for Kotra Substation Projected capacity addition 7.2GW addition located near to coal mines BTG & BOP Supply External Infra Bankab
Slide 19: Beyond 4.8GW: Plans to add 7.2GW Thermal Capacity
I Beyond 4.8GW: Plans to add 7.2GW Thermal Capacity V eda nta Power Financing Plan for 7200 MW Capacity Addition Capacity (Merchant + DBFOO)1 Revenue (₹ Crs) EBITDA (₹ Crs) 11980 MW 38285 13606 4780 MW 4180 MW 14105 3262 8891 1534 FY26 FY29e FY33e 2 Debt ₹46K Crs 2 2 FY26 FY29e FY33e FY26 FY29e FY33
Slide 20: ESG Profile
mp >>> ESG Profile
Slide 21: Pillar 1: Transforming Communities – Targets and Strategy
I Pillar 1: Transforming Communities – Targets and Strategy V eda nta Power Baseline FY26 FY30 Aim SDG KPI Initiative/Approach FY25 Actual Target • Local resource identification & Local procurement % 37 35 40 capacity building Keeping communities at the core of business Local employment % 67 68 70 •
Slide 22: Pillar 2: Transforming the Planet – Targets and Strategy
I Pillar 2: Transforming the Planet – Targets and Strategy V eda nta Power Baseline FY26 FY30 Aim SDG KPI Initiative/Approach FY25 Estimate Target • Biomass cofiring Aiming net zero • Renewable energy GHG intensity carbon by 2050 0.9 0.87 0.82 • Electric vehicle deployment (tCO₂e/MWh) or sooner • En
Slide 23: Pillar 3: Transforming the Workplace – Targets and Strategy
I Pillar 3: Transforming the Workplace – Targets and Strategy V eda nta Power Baseline FY26 FY30 Aim SDG KPI Initiative/Approach FY25 Actual Target • Safety infrastructure development Fatality 0 0 0 • Critical risk management & Prioritizing safety Suraksha Sankalp program and health of all • Busines
Slide 24: Forward Looking Statement
I Forward Looking Statement The views expressed here may contain information derived from publicly available sources that have not been independently verified. No representation or warranty is made as to the accuracy, completeness, reasonableness or reliability of this information. Any forward-looki
Slide 25: Appendix
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Slide 26: Talwandi Sabo Thermal Plant: Hub for Sustainable Practices & Operational Excellence
I Talwandi Sabo Thermal Plant: Hub for Sustainable Practices & Operational Excellence V eda nta Power Plant: 1980 MW Land: 2114 Acres Water Source: Jagga Biomass cofiring >5% (3 x 660 MW) Canal 100% Linkage Coal (SECL & NCL) & Flexi Coal STU Connectivity: Technology: Super >700 Acres of 1980 MW long
Slide 27: Jharsuguda Thermal Plant– Powering Odisha
I Jharsuguda Thermal Plant– Powering Odisha V eda nta Power Plant: 600 MW Land: 18 Acres 1 Water Source: 100% Linkage coal (inc. VALJ) Hirakud Dam with MCL STU Connectivity: Technology: Sub-Critical Fuel: Located 25 years PPA with GRIDCO 400/765 KV Grid Power Plant near coal mines EXECUTION MILESTON
Slide 28: Meenakshi Energy Ltd– Transforming a Challenging Legacy into a Strong Future
I Meenakshi Energy Ltd– Transforming a Challenging Legacy into a Strong Future V eda nta Power Plant: 1000 MW Land: 998 Acres Water Source: Kandaleru 300MW 5 years PPA with Creek TNPDCL till 2031 CTU Connectivity: Technology: Sub-Critical 100% Sea Water Import based plant transition 400 KV Grid Powe
Slide 29: Sakti Thermal Plant: From Revival to Growth Engine
I Sakti Thermal Plant: From Revival to Growth Engine V eda nta Power Plant: 1200 MW Land: 953 Acres Water: Mahanadi River 200MW 5 years PPA with (600 MW Project) (~34 KM) TNPDCL till 2031 SECL & MCL, within CTU Connectivity: Technology: Sub-Critical Reservoir: 2 Mn m³ 100 KM radius 400 KV Grid (25 K
Slide 30: Annexures
Annexures
Slide 31: Power Industry Overview
I Power Industry Overview V eda nta Power Generation Capacity* Storage Distribution Fossil Fuel + Renewable Nuclear • Primarily private owned • Transitioning from state- • Nascent Technology with owned to private ownership Govt. funding & waviers • Delhi, Maharashtra, Gujarat, 98% 2% Odisha at foref