MoneyWorks4Me

Torrent Power emerges as winner for wind power projects

15 Feb 2018 Evaluate

Torrent Power has participated in the competitive bidding and the e-Reverse Auction process held on February 13, 2018 by SECI (Tranche III) for setting-up of 2,000 MW ISTS-connected wind power projects and emerged as a winner in the auction, for the quantum of 499.8 MW.

The said capacity will be developed in the state of Gujarat. The project has a schedule of commissioning within 18 months from the effective date of the PPA, as specified by SECI.

Torrent Power is an integrated utility engaged in the business of power generation, transmission and distribution with operations in the states of Gujarat, Maharashtra and Uttar Pradesh.


Peers
Company Name CMP
NTPC 327.00
Tata Power 361.00
Adani Power 202.35
Power Grid Corpn. 263.50
Adani Energy Solut. 1350.00
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