India's Vedanta Power Plans to Expand into Hydropower, Battery Storage, and Nuclear Power, Targeting 20 GW
2026-06-27 13:40
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en.Wedoany.com Reported - Vedanta Power is considering investments in hydropower, battery energy storage systems (BESS), and nuclear power as part of its long-term growth strategy following its independent listing.

The company has set a long-term target to increase its power generation capacity to 20 gigawatts (GW). Specific plans include expanding installed capacity to 12 GW by fiscal year 2033, while continuously driving capacity additions at existing assets. Vedanta Power noted that nuclear power, with its round-the-clock power supply capability, can support grid reliability and industrial demand, making it a potential contributor to the energy transition. Unlike intermittent renewable energy sources, nuclear power provides stable supply, supports baseload demand, and helps balance supply and demand as renewable capacity increases.

The company stated that it is also evaluating hydropower and battery storage technologies to complement its generation portfolio. Hydropower helps balance demand, while battery storage can manage fluctuations in solar and wind power, enhancing system flexibility. A significant portion of future expansion will be achieved through brownfield projects, leveraging existing infrastructure to reduce execution risks.

Vedanta Power began trading on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) after being demerged from Vedanta Ltd, with the listing ceremony held on June 15. The second 600 megawatt (MW) unit at the company's Sakti power plant is scheduled to commence commercial operations in the second half of fiscal year 2027. The company stated that the listing marks its transformation into an independent power business with a standalone operational structure.

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