VEDL settles disputes for 3x660 MW thermal project with SEPCO.
Diversified natural resources company Vedanta Limited's TSPL signed a settlement agreement with SEPCO Electric Power on September 11, resolving long-standing disputes over a 3x660 MW thermal power project. Vedanta's Q1 net profit fell 12% to ₹3,185 crore, revenue rose 5.8% to ₹37,824 crore, and EBITDA margin narrowed to 26.2%.
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