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Torrent Power completes acquisition of Nabha Power

25 Jun 2026 Evaluate

Torrent Power has completed the acquisition of 100% equity shares and convertible instruments of Nabha Power (NPL) from L&T Power Development (L&T) at a total consideration of Rs 3,632.35 crore. With this, NPL has become a wholly owned subsidiary of the company.

Earlier, the company had entered into a Securities Purchase Agreement on February 16, 2026 to acquire 100% of the equity stake and convertible instruments of NPL from L&T.

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

1412.40 -29.50 (-2.05%)
25-Jun-2026 16:59 View Price Chart
Peers
Company Name CMP
NTPC 352.15
Tata Power 389.05
Power Grid Corpn. 283.95
Adani Power 229.25
Torrent Power 1412.40
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