New Delhi, Nov. 6 -- Vedanta Limited's thermal business unitsMeenakshi Energy Limited (MEL)andVedanta Limited Chhattisgarh Thermal Power Plant (VLCTPP)have secured a500 MW Power Purchase Agreement (PPA)fromTamil Nadu Power Distribution Corporation Limited (TNPDCL), marking a significant milestone in its Independent Power Producer (IPP) business and reinforcing its position as a reliable contributor to India's energy security.

As per the Letters of Award (LOAs), Vedanta'sMELandVLCTPPwill supply300 MWand200 MWof power respectively to TNPDCL. The five-year contract, effective fromFebruary 1, 2026, to January 31, 2031, has been awarded at a tariff of ~Rs.5.38/kWh.

Vedanta Power, which includes Meenakshi Energy in Andhra Pradesh and Vedanta ...