Torrent Power Wins 1,500 MW/12,000 Energy Storage Bid From MSEDCL Updated On Wed, Sep 18th, 2024 by Saurenergy Torrent Power Limited recently secured a 1,500 MW pumped hydro storage project from the Maharashtra State Electricity Distribution Co. Limited (MSEDCL). Under this mutually agreement provisions, Torrent Power will procure 1,500 MW/12,000 MWh of energy storage capacity from the pumped hydro storage (PSP) project. MSEDCL will provide a detailed Letter of Award (LOI) after obtaining […] Read more
JSW Neo, Powerica, And Torrent Power Emerge Winners In SECI’s 1.35 GW Wind Tender Updated On Wed, Jul 24th, 2024 by Saurenergy SECI has now announced the winners of the 1350 MW ISTS-connected Wind Power Projects in Gujarat under Tranche XVI. The tender was released on 30th November 2023 and the results have come after almost eight months. The projects cover wind projects in the states of Gujarat and Karnataka, and Rajasthan. For projects in Gujarat, JSW […] Read more
Torrent Power, ARS Steel Collaborate To Build 50 MW Solar Project In Tamil Nadu Updated On Tue, Jul 9th, 2024 by Saurenergy Torrent Power subsidiary TU14 recently signed a share subscription and shareholders’ Agreement (SSSA) with ARS Steels & Alloy International Private Limited. This agreement was signed between Torrent Power Limited, ARS Steels & Alloy International Private Limited and Torrent Urja 14 Private Limited (TU14). Torrent Power announced the signing of share subscription and shareholders’ agreement amongst […] Read more
Torrent Power Secures 450 MW Wind-Solar Hybrid Project Updated On Mon, Apr 1st, 2024 by Saurenergy Torrent Power, a Gujarat power company has announced it has secured 300 MW power from wind-solar hybrid energy projects, with a greenshoe option of up to 150 MW through an auction. Further, the company also stated that it won the auction after quoting Rs 3.65/kWh The tender for 300 MW of power supply, with a […] Read more
Torrent Power Successfully Bids For 1500 MW RE Projects In Solapur Updated On Thu, Feb 29th, 2024 by Saurenergy Power company, Torrent Group recently announced that it received a letter of Intent from PFC Consulting Limited for the establishment of an inter-state transmission scheme for the project in Maharashtra. Torrent Power Limited has emerged as the successful bidder and has received a Letter of Intent from PFC Consulting Limited for the establishment of an […] Read more
PM Modi Launches Four RE Projects By Torrent Power At UP Summit Updated On Wed, Feb 21st, 2024 by Saurenergy At the recently held UP investors summit, Prime Minister Narendra Modi laid the foundation stone for four projects with an investment of approx. ₹ 25,000 crores being developed by Gujarat based Torrent Power in Uttar Pradesh. The Torrent Group’s four projects were launched during GroundBreaking Ceremony (GBC) 4.0, held at Lucknow when the Prime Minister […] Read more
CERC Awards Compensation To Torrent Power Over Surged GST Rates Updated On Wed, Jan 10th, 2024 by Saurenergy The Central Electricity Regulatory Commission (CERC), in its latest judgment, awarded compensation to a subsidiary of Torrent Power against the rise of Goods and Services Tax (GST). Its subsidiary– Torrent Solargen Limited (TSL), is a generating company. It had set up its 115 MW ISTS-connected wind power project in the Kutch district of Gujarat. The company […] Read more
Torrent Power Invests Rs 47,000 cr In RE Distribution Within Gujarat Updated On Thu, Jan 4th, 2024 by Saurenergy Torrent Power has inked four agreements with the Gujarat government to invest around Rs. 47,350 crores in the renewable energy sector, Green Hydrogen, and in the electricity distribution business. Torrent Power, an integrated power utility, has diversified the Torrent Group investment with the signing of four non-binding Memorandum of Understanding (MoU) with the government of Gujarat […] Read more
Torrent Power to Supply 132 MW Solar Power for Shapoorji Pallonji’s Desalination Plants Updated On Fri, Aug 4th, 2023 by Saurenergy Torrent Power Ltd. has, through its subsidiary Torrent Urja 8 Private Limited, entered into a Power Transfer Agreement with subsidiaries of Shapoorji Pallonji & Company Private Limited (SPCPL). The agreement will pave the way for the supply of 132 MW solar power for its desalination plants in the state of Gujarat. The value of the […] Read more
