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Torrent Power commissions 115 MW Wind Power Project in Gujarat

19 Jul 2023 Evaluate

Torrent Power has successfully commissioned 115 MW Wind Power Project through its wholly owned subsidiary Torrent Solargen in Devbhumi Dwarka District of Gujarat. The company was awarded the project through a competitive bidding process under SECI Wind Tranche V. The company signed a Power Purchase Agreement (PPA) for a period of 25 years with SECI which has a back-to-back Power Sale Agreement (PSA) with the state of Haryana.

With the addition of 115 MW Wind power, Torrent Power’s installed Renewable capacity has reached around 1.18 GW, and total generation to around 4.2 GW. In addition, Renewable capacity of around 0.6 GW is under different stages of development. In line with its sustainability commitments and the Government’s aim to achieve 500 GW of non-fossil fuel capacity by 2030.

Torrent Power, with a turnover of Rs 25694 crore (around $3 billion) is the integrated power utility of the diversified Torrent Group with group revenues of Rs 37,600 crore (around $4.5 billion) and a Market Cap of around Rs 95,000 crore (around $11.50 billion). It is one of the largest power companies in India with presence across the entire power value chain of generation, transmission, and distribution.

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.

Torrent Power Share Price

1565.30 43.30 (2.84%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
NTPC 393.65
Tata Power 427.45
Adani Power 198.40
Power Grid Corp 318.05
Torrent Power 1565.30
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