Press Release and Investor Presentation

VPL/Sec./SE/26-27/15 July 29, 2026 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers “Exchange Plaza” Dalal Street, Fort Bandra-Kurla Complex, Bandra (East), Mumbai - 400 001 Mumbai – 400 051 Scrip Code: 544781 Scrip Code: VEDPOWER Sub: Outcome of Board Meeting held on July 29, 2026 – Press Release and Investor Presentation Dear Sir/Madam, In continuation to our Letter No. VPL/Sec./SE/26-27/13 dated July 29, 2026, declaring the Unaudited Consolidated and Standalone Financial Results of Vedanta Power Limited (the “Company”) for the first quarter ended June 30, 2026 (“Financial Results”), please find enclosed herewith the following: 1. Press Release in respect to the Financial Results; and 2. Investor Presentation on the Financial Results. The Press Release and Investor Presentation shall also be made available on the website of the Company at www.vedantapower.com The meeting of the Board of Directors of the Company commenced at 4:45 p.m. IST and concluded at 05:20 p.m. IST. We request you to kindly take the above information on record. Thanking you, Yours faithfully, For Vedanta Power Limited (formerly known as Talwandi Sabo Power Limited) Bhagya Hasija Company Secretary & Compliance Officer Membership No. A49404 Encl.: As above Vedanta Power Q1 FY27 Revenue Jumps 31% YoY, Driven by Strong Operational Performance • Q1 FY27 Revenue rose by 31% YoY at Rs. 2607 Crores. • Q1 Power sales jump by 38% YoY, propelled by enhanced generation across its key assets. • Ratings upgraded to CRISIL AA+ (CE)/AA- and ICRA AA-/A1+, reflecting improved creditworthiness. • Maintained healthy liquidity position with Rs. 1130 Crores in cash equivalents. • 85% long-term coal security and Highest biomass co-firing at TSTP during quarter. New Delhi, 29 July 2026: Vedanta Power (NSE: VEDPOWER & BSE: 544781) today announced its first quarter results for the FY27 first quarter ended June 30, 2026, marking 38% year-on-year surge in power sales to 5,224 million units and 31% YoY increase in revenue to Rs. 2607 Crores and EBITDA Rs. 291 Crores. This highlights Vedanta Power’s operational excellence across its generating assets, strong market presence, and unwavering commitment to sustainable and responsible growth. Powering Progress Through State-Of-The-Art-Assets The company further strengthened its business resilience with 74% of power sales secured under long-term/medium-term PPAs such as Punjab, Odisha, 500 MW contract with Tamil Nadu and recently secured 100 MW contract with Kerala. Vedanta Power is India's fifth-largest private sector, merchant thermal power producer with 4180 MW capacity, operating four strategically geographically diversified located power plants: Talwandi Sabo Thermal Plant in Punjab, Meenakshi Energy Limited in Andhra Pradesh, Jharsuguda Independent Power Plant in Odisha, and Sakti Thermal Power Plant in Chhattisgarh. All our assets are covered with 85% coal linkages ensuring stable cost, revenues, fuel security and insulate us from any geopolitical disturbances. Vedanta Power’s Meenakshi Energy Limited achieved its highest-ever quarterly EBITDA of Rs. 112 Crores (+20% QoQ), 1,350 MU sold (+16% QoQ); Transitioning from Imported to 100% domestic coal underway thus paving way for better margins and stable revenue visibility in future and insulate us from future Geopolitical risks. Vedanta Power - Talwandi Sabo Thermal Plant (TSTP) emerged as a strong performer with Plant Availability Factor (PAF) up from 77% to 86%. TSTP has more than doubled ash revenues on YoY basis by improving sales realisation and consumed the highest ever biomass co-firing in Punjab (nearly 8%). Thus, avoiding 1.37 Lac TCO emissions. Vedanta Power accelerated digital transformation by implementing ITMS thus, reducing truck turnaround time by up to 50%, and enhanced operational efficiency and transparency. Rajinder Singh Ahuja, Chief Executive Officer, Vedanta Power Limited, said: “Our maiden quarter as a standalone listed company marks an important milestone for Vedanta Power. Strong revenue and power sales, backed by operational excellence, fuel security, improved credit ratings, and sustainability initiatives, demonstrate the resilience of our business and future readiness. We are also pleased with the progress of our ~600 MW Unit 2 at the Sakti plant, which remains on Sensitivity: Public (C4) track for commissioning. As India's energy needs continue to expand, we remain committed to delivering reliable, efficient, and sustainable power while creating long-term value for all our stakeholders.” Pankaj Jha, Chief Financial Officer, Vedanta Power Limited, said, "Our Q1 performance reflects the resilience of Vedanta Power’s diversified business model. Strengthened by improved credit ratings CRISIL AA+ (CE)/AA- and ICRA AA-/A1+, a healthy liquidity position of Rs. 1,130 Crores in cash equivalents, long-term coal security, and disciplined financial management. We remain well positioned to support our growth pipeline and create sustainable stakeholder value”. Powering Sustainability: Vedanta Power advanced sustainability through industry-leading biomass co-firing, 100% saline water operations at MEL, planting 8.76 lakh trees across the assets till date, reducing freshwater consumption by 17% YoY, and achieving 86% ash utilization with Rs. 10 Crores in ash sales. The company also positively impacted lives of over 3.3 lakh individuals across four states while fostering an inclusive workplace with 60% local employment. About Vedanta Power: Vedanta Power Limited [NSE: VEDPOWER; BSE: 544781] is one of India’s leading private power producers, delivering reliable power for a growing economy, that lights homes, touches lives, and drives transformation across the nation. With a total thermal power capacity of 4,780 MW, the company supplies power to Discoms nationwide through long-term partnerships, while supporting emerging grid requirements. Through operational excellence, technological leadership, and strategic capacity expansion, Vedanta Power is reinforcing grid stability as a cornerstone of India’s energy security. Anchored in environmental stewardship alongside community progress, and a people-first culture, the company remains committed to delivering long-term stakeholder value while powering everyday life. For more information, visit: www.vedantapower.com For any media queries, please contact: Sandhya Malik Chief Communications Officer, Vedanta Power sandhya.malik@vedanta.co.in vedanta.powerCC@vedanta.co.in Sensitivity: Public (C4) Vedanta Power Limited EARNINGS PRESENTATION 1Q FY27 Powering Delivering Driving Growth Responsibly Sustainablity Highlights Quarterly Highlights 2 ESG Highlights | CSR Industry Overview Table of Asset Overview Contents Business Performance Sakti | Meenakshi | Jharsuguda | Talwandi Sabo Finance Update Appendix Highlights 1QFY27 Executive Summary Our Vision Leading energy security SALES CREDIT RATING REVENUE with reliable power, for a CRISIL AA- 5224 MUs ₹ 2,607 Cr future that inspires ICRA AA- inclusive and sustainable +31% YoY +38% YoY growth. Upgraded from A+/A1 by ICRA (ratings removed from watch) Our Mission To deliver round-the-clock affordable power through operational excellence, tech-driven solutions and VOLUME SECURITY ESG capacity building, driven by EBITDA a shared purpose. Highest biomass co-firing ₹ 291 Cr PPA tie-up in NCR 7.9%. - 30% YoY MEL Operate with 100% Saline Water linkage coal Note: The data presented in this slide covers the full quarter commencing 1 April 2026 and is not limited to the period following the Vedanta Power Limited demerger, which became effective on 1 May 2026. 1QFY27 Investor Presentation ESG & CSR ESG Overview Transforming Communities Transforming the Planet Transforming the Workplace ~3900* 7.92% 29% Biomass Cofired Families skilled (1.37 Lakhs tCO2e avoided) Women in workforce (FY27 Target 36%) 1.56 Lakh* 1.39 m³/MWh 36% Women & Children Impacted Specific Fresh Water Consumption Women [Showing first 8,000 characters — download PDF for full document]