Archive · 13 Jun 2025
Torrent Power Gains After 300 MW Wind Project Win
Torrent Power, an energy company, has won a deal to build a large wind power project.
They will build a 300 MW wind farm after winning a bidding process.
The company's subsidiary was awarded this project by the Solar Energy Corporation of India (SECI).
The electricity generated will be sold at a set price.
It will cost approximately ₹2,650 crore to build.
Despite the stock market going down, the company's share price increased.
This shows investor interest in the project and Torrent Power's focus on renewable energy.
Torrent Power's subsidiary secured a 300 MW wind power project.
The project was awarded by Solar Energy Corporation of India (SECI).
The project's tariff is set at ₹3.97 per unit.
The estimated investment for the project is ₹2,650 crore.
Torrent Power's share price gained despite the stock market decline.
- Who
- Torrent Power, its subsidiary Torrent Green Energy Pvt Ltd, and the Solar Energy Corporation of India (SECI).
- What
- Torrent Power's subsidiary won a bid for a 300 MW wind power project.
- When
- The Letter of Award was received on June 11, 2025. The project is expected to be commissioned within 24 months after the Power Purchase Agreement (PPA) is executed.
- Where
- The project location is not mentioned in the provided articles.
- Why
- The project win contributes to Torrent Power's renewable energy portfolio, and aligns with the company's strategic focus and growth.
- Project Capacity
- 300 MW
- Awarding Entity
- Solar Energy Corporation of India (SECI)
- Tariff
- ₹3.97 per unit
- Estimated Investment
- ₹2,650 crore
- Share Price Movement
- Increased despite market decline
Sources
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