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Torrent Power receives Letter of Intent for 1,500 MW Pumped Hydro Storage Project

Ahmedabad, 17th September, 2024: Torrent Power Limited has emerged as a successful bidder and has received Letter of Intent (LOI) from Maharashtra State Electricity Distribution Co. Limited (MSEDCL) on 17th September 2024 for procurement of 1,500 MW/ 12,000 MWh Energy Storage Capacity from Pumped Hydro Storage Project. Detailed Letter of Award will be issued by […]

Torrent Power commits investments of over Rs 64,000 crores at ‘RE-Invest 2024’ with potential employment for 26,000 people

Ahmedabad, 16th September, 2024: Torrent Power Limited, the integrated power utility of diversified Torrent Group, has reaffirmed its commitment towards green and sustainable future as it submitted two Shapath Patras to the Union Ministry of New and Renewable Energy, Government of India at the 4th Edition of RE-Invest at Gandhinagar on Monday. The Company has submitted a ‘Shapath […]

Torrent Power reports Q1 FY 2024-25 results

Torrent Power Limited (the “Company”) today announced financial results for the quarter ended June 30, 2024. The major reasons for higher PAT of Rs. 464 crs for the quarter on y-o-y basis are: Increase in contribution from merchant power sales in gas-based power plants; Increase in contribution from licensed distribution businesses; Increase in tax expenses. […]

Torrent Power reports Q1 FY 2023-24 results: ₹ 7,328 crs in Q1 FY 2023-24 compared to ₹ 6,510 crs in Q1 FY 2022-23, up by 13%

August 10, 2023: Torrent Power Limited (the “Company”) today announced financial results  for the quarter ended June 30, 2023.   The major reasons for improvement in the Total Comprehensive Income for the quarter on y o-y basis are:  ⇧ Increase in contribution from merchant power sales in gas-based power plants;  ⇧ Increase in contribution from licensed […]
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