| Investor #44076 | Version 23367 | Version 29544 |
|---|---|---|
General info | ||
| Name | Talwandi Sabo Power Limited | Talwandi Sabo Power Limited (TSPL) |
| Classification | State-/government (owned) company | Private company |
| Comment | 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. | 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. |
Data sources | ||
Data source #uG1JT1DQ | ||
| File | ||
| Type | Company sources | |
| Url | ||
| Keep PDF not public | No | |
| Publication title | Overview | |
| Organisation | Talwandi Sabo Power Limited (TSPL) | |
Involvements | ||
Involvement #0UqEJFPN | ||
| Role | Parent company | |
| Comment | 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 (3Ă660) MW Greenfield Power Project in Punjab, India, with all consents and approvals in place. | |
| Ownership share | 100.00 % | |
| Investment type | Shares/Equity | |
| Parent relation | Subsidiary of parent company | |
| Investor | ||