Bajel Projects has announced the winning of an EPC mandate from a project SPV of Torrent Power Ltd for building an 400kV AIS substation at Solapur in Maharashtra. In a communication, Bajel Projects said that the Read more
Torrent Power recently concluded its Rs.3,500-crore ($413.20 million) Qualified Institutional Placement (QIP) issue, attracting bids of about Rs.14,000 crore – nearly four times the base issue size — from a mix of international and domestic investors. In a release, Read more
Torrent Power has recorded lower T&D losses in most of its licensed and franchised distribution areas during the first half (H1: April to September) of FY25. As can be seen in the table alongside, T&D losses in the Ahmedabad/Gandhinagar Read more
Torrent Power has received a letter of award from Maharashtra State Electricity Distribution Company Ltd (MSEDCL) for long-term supply of 2,000-MW energy storage capacity. This capacity will be served through an upcoming pumped hydro storage plant of Torrent Power, Read more
Torrent Power has received the letter of intent of what the company says is the country’s first procurement of long-term pumped storage capacity. In a release, Torrent Power said that it has emerged as a successful bidder and received Read more
Torrent Power has announced its commitment of investing over Rs.64,000 crore in building capacities for green energy. In a release, Torrent Power said that it has submitted two promissory deeds to the Union ministry of new & renewable energy Read more
A new interstate transmission system (ISTS) scheme is in the making, aimed at providing redundant ISTS power supply to upcoming manufacturing units in the Dholera Special Investment Region (SIR) in Gujarat. The proposed transmission scheme will be a second Read more
Torrent Power has seen a slight increase in its overall power distribution losses in Q1FY25. According to an investor presentation discussing the company’s performance in Q1FY25, Torrent Power witnessed higher distribution losses across all its licensed areas. However, in Read more
Central Electricity Regulatory Commission (CERC) has granted transmission licence to Solapur Transmission Ltd for its interstate transmission system (ISTS) scheme in Maharashtra. Solapur Transmission Ltd, a wholly-owned subsidiary of Torrent Power Ltd, is developing an ISTS Read more
Central Electricity Regulatory Commission (CERC) has adopted the transmission charges (tariff) for the interstate transmission system (ISTS) scheme being developed by Solapur Transmission Ltd, a wholly-owned subsidiary of Torrent Power Ltd. In a recent order, CERC Read more