MoneyWorks4Me

Torrent Power to purchase natural gas directly from Petronet LNG

04 Sep 2013 Evaluate

In a bid to feed its station, Torrent Power is all set to purchase natural gas directly from Petronet LNG. This is first of its kind of arrangement. Meanwhile, the company has laid an independent pipeline and has asked for small volumes initially around 0.05 million tonnes. Petronet is an importer of natural gas and currently operates two terminals at Dahej and Kochi.

Torrent Power is engaged in generation, transmission and distribution of power. The company generates 400 MW from its coal-based thermal power station located at Sabarmati.

Peers
Company Name CMP
NTPC 328.35
Tata Power 362.10
Adani Power 203.40
Power Grid Corpn. 264.35
Adani Energy Solut. 1351.20
View more..