Vedanta Power Reports 38% YoY Rise in Q1 FY27 Power Sales

Vedanta Power Ltd (VPL) announced its first quarterly production release since its demerger from Vedanta Ltd, reporting power sales of 5,225 million units for the quarter ended June 30, 2026. That’s a 38% jump from the 3,784 million units sold in the same quarter last year, although 6% lower than the immediately preceding January–March quarter. A 245% year‑on‑year surge at the Meenakshi Energy plant was the biggest driver, while a boiler blast at the Sakti Thermal Plant forced that facility shut from mid‑April, dragging on the overall number.

The Company in a Nutshell

Plant‑Wise Picture: Meenakshi Steals the Show

The other major asset—Talwandi Sabo Thermal Plant (TSTP) in Punjab (1,980 MW)—recorded sales of 2,723 million units, almost flat year‑on‑year but up 14% sequentially, helped by improved availability. The Jharsuguda Thermal Plant (600 MW) chipped in 687 million units, a modest 1% rise from last year but a 23% drop from the prior quarter.

The exception was the Sakti Thermal Plant (formerly Athena Power Plant, 1,200 MW in Chhattisgarh). It sold just 465 million units, down 57% from the fourth quarter of FY26. The company attributed this entirely to a boiler blast in Unit‑I on 14 April 2026 that has kept the plant shut since.

Sakti did not operate in Q1 FY26, so a year‑on‑year comparison is not meaningful.

The Sakti Boiler Blast: A Near‑Term Drag

Availability and Payments: Why TSTP Matters

Jharsuguda’s availability also climbed to 93%, from 66% a year ago, pointing to better plant maintenance.

Watching Ahead

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Sources

1 Financial statement analysis
2 announcement_category · neutral · value 0.280000
3 Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
4 Disclosures under Reg. 29(1) of SEBI (SAST) Regulations, 2011
5 Disclosure Under Regulation 30(5) Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015
6 Announcement under Regulation 30 (LODR)-Code of Conduct under SEBI (PIT) Regulations, 2015
7 Production Release
8 BSE/NSE EOD prices & index levels