Sterlite Energy

Sterlite Energy emerged as a Vedanta-associated power company during India's expansion of private-sector electricity generation. Its activities were centered on the development of large thermal power stations rather than on retail electricity distribution. The company's project model relied on building utility-scale coal-fired plants and securing long-duration arrangements for the sale of generated electricity. Its best-documented Odisha project was the Sterlite Jharsuguda Power Station. The project was planned at 2,400 megawatts and divided into four units of 600 megawatts each. Jharsuguda was a significant industrial area for Vedanta, and the proposed station formed part of the group's broader effort to support power-intensive industrial activity while also developing generation capacity for external supply. The project illustrates Sterlite Energy's emphasis on large centralized generation and its relationship with the industrial businesses of its parent group. A second major undertaking was the Talwandi Sabo Power Project in Punjab. The project was developed through Talwandi Sabo Power Limited and was initially described as a 1,980-megawatt coal-fired facility consisting of three 660-megawatt units. Sterlite Energy was selected as developer through a tariff-based international competitive-bidding process conducted under India's power-sector procurement framework. The project was structured on a build-own-operate basis, with the proposed output contracted to the Punjab State Electricity Board for a 25-year period. A further unit of 660 megawatts was also discussed in the project description, although the reference material does not establish the ultimate completed configuration. The power-purchase and related agreements for Talwandi Sabo were signed on 1 September 2008, the same date on which ownership of Talwandi Sabo Power Limited was transferred to Sterlite Energy. Project planning contemplated commissioning the first unit by the end of 2012 and the other two original units by the end of 2013. These projected dates describe the development plan reported in the reference material and do not, by themselves, establish final commercial operation or the later ownership structure. Sterlite Energy therefore represented Vedanta's entry into large-scale power generation through dedicated project companies and contracted electricity sales. Its documented portfolio was concentrated in coal-fired generation in Odisha and Punjab. The available material does not provide a complete account of subsequent construction outcomes, operating performance, corporate mergers, leadership, financial results, environmental disputes, or the company's current standalone status. The entity is consequently best described using its historical project-development profile, while its present status remains unknown.

• 2008

  Talwandi Sabo agreements and ownership transfer

  [1]Sterlite Energyen.wikipedia.org

  The power-purchase and related agreements for the Talwandi Sabo project were signed on 1 September 2008, when ownership of Talwandi Sabo Power Limited was transferred to Sterlite Energy.

• 2006

  Sterlite Energy is established

  [1]Sterlite Energyen.wikipedia.org

  Sterlite Energy Limited is identified in the supplied dossier as having been founded in 2006 as an energy company associated with the Vedanta Group.

• Jharsuguda project planned at 2,400 megawatts

  [1]Sterlite Energyen.wikipedia.org

  Sterlite Energy developed plans for a four-unit, 2,400-megawatt coal-fired thermal power station in Jharsuguda, Odisha.

Indian independent power producer and utility-scale thermal power project developer associated with the Vedanta Group.

• Coal-fired thermal power station

  Sterlite Jharsuguda Power Station

  A planned utility-scale coal-fired power project in Jharsuguda, Odisha. The project was described as having a total planned capacity of 2,400 megawatts, divided among four generating units of 600 megawatts each. It was part of Sterlite Energy's strategy of developing large centralized generation assets in an industrial region associated with Vedanta operations.

• Coal-fired thermal power project

  Talwandi Sabo Power Project

  A coal-fired project in Punjab developed through Talwandi Sabo Power Limited. The original project description specified 1,980 megawatts across three 660-megawatt units. It was awarded to Sterlite Energy through tariff-based international competitive bidding and was designed on a build-own-operate basis to supply contracted power to the Punjab State Electricity Board for 25 years.

• 2008

  Acquire and develop the Talwandi Sabo power projectStrategy

  Background

  Sterlite Energy pursued a large coal-fired generation project in Punjab after the project was awarded through a tariff-based international competitive-bidding process.

  Action taken

  The company took ownership of Talwandi Sabo Power Limited on 1 September 2008 and proceeded with a build-own-operate project structure tied to a proposed 25-year power-supply agreement.

  Aftermath

  The available reference material records the ownership transfer and development plan but does not establish the project's final commissioning outcome or subsequent corporate status.

  Source

• Build a large thermal generation portfolioStrategy

  Background

  Sterlite Energy's documented projects were developed during a period of expanding private participation in India's electricity-generation sector.

  Action taken

  The company planned large coal-fired stations in Odisha and Punjab, including the 2,400-megawatt Jharsuguda project and the initially described 1,980-megawatt Talwandi Sabo project.

  Aftermath

  The projects established the company's historical positioning as a utility-scale independent power producer, although the sources supplied do not document its later operating footprint.

  Source

1. 1Sterlite Energyen.wikipedia.org