Vedanta arm TSPL faces Rs 127 crore penalty in power misdeclaration case

IANS | May 21, 2026 8:11 PM

New Delhi, May 21 (IANS) Vedanta Limited on Thursday informed stock exchanges that the Supreme Court of India has ruled against its subsidiary Talwandi Sabo Power Limited (TSPL) in a case related to alleged misdeclaration of power availability, resulting in a penalty payout of nearly Rs 127 crore along with applicable late payment surcharge.

India diversifying energy sources, deepening global strategic ties

IANS | May 21, 2026 5:22 PM

New Delhi, May 21 (IANS) Prime Minister Narendra Modi's multi-nation tour highlights India's accelerating efforts to diversify energy sources, deepen strategic partnerships, and position itself as a key bridge between the Middle East and Europe in an increasingly fragmented global order, according to a news article.