New Delhi, Delhi, India, August 2025 — Pankaj Jha has taken charge as the Chief Financial Officer of Vedanta Power, marking a pivotal moment in both his career and the strategic trajectory of the business. This transition comes at a defining juncture, as Vedanta Power embarks on its journey to become a standalone entity—reflecting the industry’s larger move toward specialized and streamlined thermal platforms.
Jha’s appointment comes with a mandate to steer the company’s financial strategy through this critical phase of operational expansion. Vedanta Power is progressing from its current capacity of 1,980 MW at Talwandi Sabo to an impressive 4,780 MW, with additional capacities being commissioned at VLCTPP (1.2 GW), Meenakshi Energy (1 GW), and Jharsuguda TPP (600 MW). With units achieving commercial operations in a phased manner, the business is on a strong growth path.
Over the last 17 years at Vedanta, Pankaj has played key roles across finance functions. He most recently served as CFO of Vedanta Ltd’s Jharsuguda unit, where he led finance, planning, and budgeting at one of India’s largest aluminum smelters. Earlier, he held leadership positions in the Management and Assurance Services (MAS) group, gaining cross-functional exposure across business performance and internal controls. His early experience in the Financial Planning & Analysis (FP&A) domain at Bharat Aluminium Company (BALCO) laid the foundation for his long association with the group.
Jha also spent time in internal roles such as Deputy CFO and General Manager – MAS at Vedanta’s Mumbai office, where he supported corporate decision-making and financial strategy. His progression reflects a deep understanding of Vedanta’s business ethos, with a proven track record in strategic execution, cost management, and value creation.
Earlier in his career, Pankaj gained industry exposure at Bharat Petroleum, where he worked on audits, financial reporting, and customer account reconciliation, strengthening his foundations in operational finance.
With this appointment, Vedanta Power reinforces its commitment to build a dedicated leadership team that can guide the business through its next phase of scale and performance.
Vedanta Power
Vedanta Limited is one of the world’s foremost natural resources conglomerates, with primary interests in aluminium, zinc-lead-silver, oil and gas, iron ore, steel, copper, power, ferro alloys, nickel, semiconductor, and glass. With strategic assets across India, South Africa, Namibia, and Liberia, Vedanta is known for its low-cost operations, emphasis on sustainability, and operational excellence. Vedanta Power, as an emerging standalone entity, is set to contribute significantly to India’s energy transition with focused thermal generation assets.
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