9NOVEMBER, 2025According to the contract, 300 MW is to be supplied by Meenakshi Energy and 200 MW is to be supplied by VLCTPP. The contract shall start on 1 February 2026 and continue until 31 January 2031. It constitutes 1,580 MW tender of TANGEDCO, in which Vedanta Power secured nearly a third of the overall capacity provided."Reliable baseload power is vital to India's energy securi-ty, and thermal energy continues to play a key role in ensur-ing that stability," said Rajinder Singh Ahuja, Chief Executive Officer ­ Power, Vedanta Limited. "This win reflects Vedanta's growing leadership in efficient and dependable power gen-eration. The PPAs enhance revenue visibility and financial strength as we move toward the proposed demerger of our power portfolio under the Vedanta Power identity."The company indicated that the PPA is a significant step towards its expansion of its independent power producer (IPP) business. Vedanta Power plans to have stable revenue and better utilization of the thermal assets by engaging in a long-term supply commitment. Industry analysts see the transaction as a strategic success of Vedanta Power when thermal power is still a key component of the Indian energy mix. Despite the transition to renewables, baseload power remains an important addition to grid stability and serving the increasing electricity demand of the country. VEDANTA POWER WINS 500 MW PPA WITH TAMIL NADU DISCOMVedanta Power has achieved a 500MW Power Pur-chase Agreement (PPA) with Tamil Nadu Generation and Distribution Corporation Limited (TANGEDCO), increasing its position in the Indian power industry.The contract which is to be signed by Vedanta in the form of subsidiaries namely Meenakshi Energy Ltd and Vedanta Limited Chhattisgarh Thermal Power Plant (VLCTPP) will provide power to the southern state at a tariff of 5.38 per kWh over a period of five years.BHEL WINS 6,650 CR NTPC ORDER FOR ODISHA POWER PROJECTBharat Heavy Electricals (BHEL) has announced that it has secured an order exceeding 6,650 crore from NTPC for the implementation of an EPC package at the Darlipali Supercritical Thermal Power Project Stage-II located in Sundargarh district, Odisha.The Notification of Award (NoA) was received on 6 November 2025, and the order encompasses the design, engineering, supply of equipment, erection and commissioning, along with associated civil works for the 1x800 MW supercritical thermal power unit. The company anticipates that the completion of facilities (COF) will occur within 48 months from the date of the Notification of Award.BHEL has clarified that both itself and NTPC are Central Public Sector Enterprises (CPSEs) and that this transaction does not qualify as a related party transaction.Bharat Heavy Electricals (BHEL) operates as an integrated manufacturer of power plant equipment, involved in the design, engineering, manufacturing, erection, testing, commissioning, and servicing of a wide array of products and systems.The company serves critical sectors of the Indian econ-omy, such as power, transmission, industry, transportation, renewable energy, oil & gas, and defence. BHEL stands as the premier engineering and manufacturing enterprise in India, owned and operated by the Government of India.The company's consolidated net profit soared by 253.17 percent to 374.89 crore in Q2 FY26, compared to 106.15 crore in Q2 FY25. Revenue from operations increased by 14.06 percent year-on-year, reaching 7,511.80 crore in the quarter ending 30 September 2025. The stock price rose by 0.58 percent to 261.45 on the BSE.
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