Torrent Power Limited, a leading private power utility in India, has announced that it has received a Letter of Award from Maharashtra State Electricity Distribution Company Limited (MSEDCL) for supplying 2,000 megawatts (MW) of energy storage capacity from its upcoming InSTS Connected Pumped Hydro Storage plant. This development represents a critical advancement in addressing the […]
Torrent Power Limited, one of India’s largest integrated power utilities, has emerged as the successful bidder to supply 1,500 MW of energy storage capacity through a pumped hydro storage project. The company received a Letter of Intent (LOI) from Maharashtra State Electricity Distribution Company Limited (MSEDCL) on September 17, 2024. This contract represents a monumental […]
In an unprecedented move, Indian Prime Minister Narendra Modi laid the foundation stone for four significant projects in Uttar Pradesh, marking a colossal investment of approximately ₹25,000 crores by Torrent Power. The ceremony, held in Lucknow, was a part of the country’s largest Ground-Breaking Ceremony (GBC) 4.0. The event saw the initiation of over 14,000 […]
Torrent Power Limited, a key player in India’s power sector, disclosed its financial outcomes for the quarter ending December 31, 2023. Despite a reduction in Earnings Before Interest, Depreciation, and Tax (EBIDTA) primarily due to a decrease in net gain from the trading of LNG and merchant power sales by ₹478 crores compared to the […]
Torrent Power Limited, a key player in the integrated power sector and part of the diversified Torrent Group, has marked a significant milestone by signing four non-binding Memorandums of Understanding (MoUs) with the Government of Gujarat. This momentous occasion took place during the 10th edition of the Vibrant Gujarat Global Summit in Gandhinagar. In a […]
Torrent Power Limited, a prominent player in the Indian power sector, has taken a significant step towards sustainable energy development. Today, the company entered into a Memorandum of Understanding (MoU) with the Department of Energy & Petrochemicals, Government of Gujarat. This MoU, valued at Rs. 47,350 crores, is part of the Investment Promotion Activity for […]
Torrent Power Ltd. (TPL), a prominent electric utility company, has made its entry into the electric mobility infrastructure sector with the establishment of four electric vehicle (EV) charging stations in Ahmedabad. Plans for two additional stations in Surat are also underway, along with other cities in the pipeline. The inaugurating ceremony held at Prahladnagar, Ahmedabad […]
Torrent Power, one of India’s leading integrated power utility companies, has embarked on a pivotal journey towards a greener future with the commencement of work on a Green Hydrogen (GH2) pilot project. The project involves blending GH2 with natural gas in the city gas distribution (CGD) network. It marks an important milestone in Torrent Power’s […]
Torrent Power Limited has inked a Memorandum of Understanding (MoU) with the Government of Maharashtra to undertake the development of three Pumped Storage Hydro Projects in the state. The combined capacity of these projects is set to reach 5.7GW, requiring an estimated investment of around INR 27,000 crores. The undertaking is projected to generate employment […]
Suzlon Group, an Indian renewable energy solutions provider, has won an order to develop a 300MW wind power project in Karnataka for Torrent Power Limited. The order includes the installation of 100 wind turbine generators (WTGs) from Suzlon’s new 3 MW series, featuring a Hybrid Lattice Tubular (HLT) tower design with a rated capacity of […]