Vedanta Power sales jump 26% to 5,593 million units in Q2
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓Vedanta Power sales rose 26% to 5,593 million units in the second quarter.
- ✓The company said stronger plant performance and improved availability across its portfolio drove this growth.
- ✓Sales at the Meenakshi Energy plant jumped 111%, while the Jharsuguda Thermal Plant saw a 186% rise, helping boost overall power generation numbers.
Story at a Glance
- Category
- BUSINESS
- Reported By
- The Economic Times
- Reading Speed
- 3 Minute(s)
- Market Focus
- India Economy
Synopsis
Vedanta Power Ltd experienced a significant 26% rise in power sales during the second quarter of this fiscal year. The company's Meenakshi Energy plant saw a remarkable 111% year-on-year increase in power sales. Additionally, the Jharsuguda Thermal Plant achieved a 186% rise in power sales, reflecting better availability and performance.
New Delhi: Vedanta Power Ltd on Saturday said that its power sales rose by 26 per cent to 5,593 million units (MU) in the second quarter of the current fiscal.
The company's power sales stood at 4,433 MU in the second quarter of the previous fiscal.
The company recorded 10,817 million units of power sales in the first half of the current fiscal, registering a 32 per cent Y-o-Y growth, as stronger plant performance and improved availability across its portfolio drove robust momentum, Vedanta Power said in a statement.
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The Economic Times
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