Vedanta TSPL wins ICSI National Awards for ‘Excellence in Corporate Governance’.

20th January 2021

Mansa, Punjab, 20 January 2021: Talwandi Sabo Power Limited (TSPL), the largest thermal power plant in Punjab, wins two awards at the prestigious 20th edition of the National Awards for Excellence in Corporate Governance, conducted by The Institute of Company Secretaries of India.

TSPL was adjudged as the ‘Best Governed Company’ in Unlisted Segment: Medium Category and Company Secretary Ms. Mansi Bhutani was conferred with the ‘Governance Professional of the Year’ award.

Sharing his views on winning these coveted awards Vikas Sharma, CEO and WTD, TSPL said, “At Vedanta, we are committed to the highest standards of corporate governance as the country’s leading natural resources company. This award stands testimony to our strongly ingrained value system and bolsters our resolve to make TSPL a gold standard in business excellence.”

Instituted for inculcating and inducing a pervasive consciousness of the need for good governance in India Inc, the ICSI National Awards recognize impeccable performance by corporates and professionals in the arena of Corporate Governance. Shri Piyush Goyal, Hon’ble Union Minister for Railways, Commerce & Industry, Consumer Affairs and Food & Public Distribution, graced the occasion as the Chief Guest, and Hon’ble Justice AK Sikri Former Judge, Supreme Court of India and International Judge, Singapore International Commercial Court, was the Chairman of the Jury for the awards.

Vedanta’s Talwandi Sabo Power Limited (TSPL) is a supercritical 1980 MW world-class thermal power plant in Banawala, Mansa district, Punjab and supplies 100% of the electricity it generates to Punjab State Power Corporation Ltd. TSPL deploys globally benchmarked environment and safety practices making it Punjab’s greenest thermal power plant, and among the foremost zero-harm, zero-waste, zero-discharge thermal power producers in the country. The plant has been instrumental in the socio-economic development of the region since inception.

About Vedanta Limited:

Vedanta Limited, a subsidiary of Vedanta Resources Limited, is one of the world’s leading Oil & Gas and Metals company with significant operations in Oil & Gas, Zinc, Lead, Silver, Copper, Iron Ore, Steel, and Aluminium & Power across India, South Africa, Namibia, and Australia. For two decades, Vedanta has been contributing significantly to nation building. Governance and sustainable development are at the core of Vedanta's strategy, with a strong focus on health, safety, and environment. Giving back is in the DNA of Vedanta, which is focused on enhancing the lives of local communities. Under the aegis of Vedanta Cares, the flagship social impact program, Nand Ghars have been set up as model anganwadis focused on eradicating child malnutrition, providing education, healthcare, and empowering women with skill development. Vedanta and its group companies have been featured in Dow Jones Sustainability Index 2020, and were conferred Frost & Sullivan Sustainability Awards 2020, CII Environmental Best Practices Award 2020, CSR Health Impact Award 2020, CII National Award 2020 for Excellence in Water Management, CII Digital Transformation Award 2020, ICSI National Award 2020 for excellence in Corporate Governance, People First HR Excellence Award 2020, 'Company with Great Managers 2020' by People Business and certified as a Great Place to Work 2021. Vedanta Limited is listed on the Bombay Stock Exchange and the National Stock Exchange in India and has ADRs listed on the New York Stock Exchange.

For more information, please log on to www.vedantalimited.com

About Vedanta Aluminium and Power:

Vedanta Aluminium & Power, a part of Vedanta Limited, is India’s largest producer of Aluminium, producing almost half of India's Aluminium or 1.9 million tonnes per annum (MTPA) in FY20, and is also one of the largest private power producers in the country. BALCO is a part of Vedanta’s Aluminium and Power Business. Vedanta is a leader in value-added Aluminium products that find critical applications in core industries. With its world-class smelters, power plants and alumina refinery spread across India, the company fulfils its mission of spurring emerging applications of Aluminium as the 'Metal of the Future' for a greener tomorrow.

For more information, please log on to www.vedantaaluminium.com

Disclaimer:

This press release contains "forward-looking statements" – that is, statements related to future, not past, events. In this context, forward-looking statements often address our expected future business and financial performance, and often contain words such as "expects," "anticipates," "intends," "plans," "believes," "seeks," "should" or "will." Forward-looking statements by their nature address matters that are, to different degrees, uncertain. For us, uncertainties arise from the behaviour of financial and metals markets including the London Metal Exchange, fluctuations in interest and or exchange rates and metal prices; from future integration of acquired businesses; and from numerous other matters of national, regional, and global scale, including those of a political, economic, business, competitive or regulatory nature. These uncertainties may cause our actual future results to be materially different than those expressed in our forward-looking statements. We do not undertake to update our forward-looking statements.