Talwandi Sabo Power Limited (TSPL) was incorporated as an SPV by Punjab State Electricity Board (PSEB) with the purpose of constructing a 1980 (3x660) MW thermal power plant at Village Banawala, Mansa-Talwandi Sabo Road, District Mansa, Punjab, India. Sterlite Energy Limited (a Vedanta group company) was selected as the developer of the project based on the Tariff Based Competitive Bidding Process (Case-2) on BOO basis for supply of 100% power to Punjab State Electricity Board (PSEB) for 25 years as per the guidelines of Government of India. Power Purchase Agreement and other related agreements were signed between TSPL and PSEB on September 1, 2008, and the ownership of Talwandi Sabo Power Limited was transferred to Sterlite Energy Limited (Now Vedanta Limited) on that date.
Vedanta Resources plc (“Vedanta”) is a London Stock Exchange listed FTSE 100 diversified metals and mining major with revenues in excess of USD 12.9 billion. The group produces Aluminium, Copper, Zinc, Lead, Iron ore and commercial energy. Vedanta has operations in India, Zambia and Australia and a strong organic growth pipeline of projects. With an empowered talent pool of over 87,000 people, comprising over 25,000 direct employees and 59,500 contractors globally, Vedanta places strong emphasis on partnering with all its stakeholders based on core values of entrepreneurship, excellence, trust, inclusiveness and growth. For more information visit www.vedantaresouces.com(wesite link is not active presently).
Vedanta Group is one of the Major players in Power Sector in the country with operating and under projects (CPP and IPP), thermal power capacity of about 10,000 MW. Sterlite Energy limited (Now Vedanta Limited), the Power & Energy vertical of the group, is constructing a 2400(4x600) MW thermal power plant at Jharsuguda in Orissa, with first unit already in operation.
Talwandi Sabo Power Limited (TSPL) an ISO 9001:2008; ISO 14001:2004 & OHSAS 18001:2007 certified company, is wholly owned subsidiary of Vedanta Limited (formerly known as Sesa Sterlite Limited/Sesa Goa Limited),implementing the largest 1980 (3x660) MW Greenfield Power Project
in Punjab, India, with all consents and approvals in place.
TSPL is one of the first few Supercritical plants being constructed in the country. The Supercritical technologies are environment friendly and energy efficient technologies.