Torrent Wins 300 MW Wind Project, Boosting its Renewable Portfolio

Torrent Green Energy Private Limited, a wholly owned subsidiary of Torrent Power Limited has emerged as successful bidder under competitive bidding and has received Letter of Award from Solar Energy Corporation of India (SECI) on June 11, 2025 for setting up of 300 MW Wind power project under Wind Tranche-XVIII. The Project, with a tariff of ₹ 3.97 per unit is to be commissioned within 24 months from the date of execution of the PPA, with an estimated investment of about ₹ 2,650 Crores.

Torrent Power has strategically focused on renewables as a growth driver. With this Project, Torrent's renewable capacity under development increases to 3.3 GWp. Aligning with its sustainability commitments and the Government's target of achieving 500 GW of non-fossil fuel capacity by 2030, Torrent continues to expand its Renewable portfolio. In addition to a balanced wind and solar portfolio, it is also working on other Green Energy pathways of Pumped Hydro and Green Hydrogen.

Shares of Torrent Power Limited was last trading in BSE at Rs. 1399.45 as compared to the previous close of Rs. 1434.05. The total number of shares traded during the day was 24988 in over 2056 trades.

The stock hit an intraday high of Rs. 1440.95 and intraday low of 1394.00. The net turnover during the day was Rs. 35419376.00.

Source : Equity Bulls

Keywords

TorrentPower INE813H01021 TorrentGreenEnergy SuccessfulBidder LoA SECI 300MW WindPowerProject TrancheXVIII