torrent-power

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Torrent to Supply 8.5 MW Solar Power to Lakshmi Mills

Torrent Power will supply 8.5 MW of solar power to the production units of The Lakshmi Mills (TLMCL), a yarn and fabric company based in Coimbatore, Tamil Nadu, through...

October 9, 2024

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Staff

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Open Access

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Solar
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Torrent Bags 1.5 GW/12 GWh Pumped Hydro Storage Project from Maharashtra

Power generation, transmission, and distribution company Torrent Power has received a letter of intent from the Maharashtra State Electricity Distribution Company...

September 18, 2024

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Staff

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Energy Storage
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Torrent Power’s Profit Grows 87% YoY in Q1 FY 2025

Gujarat-based Torrent Power‘s net profit for the first quarter (Q1) of the financial year (FY) 2024-25 stood at ₹9.96 billion ($118.9 million), an 87%...

July 31, 2024

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Gautamee Hazarika

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Markets & Policy

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Renewable Energy
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Daily News Wrap-Up: India Adds 10 GW of Solar Capacity in Q1 2024

India achieved a milestone by adding over 10 GW of solar capacity in the first quarter (Q1) of 2024, the highest quarterly installation to date. This figure represents...

May 24, 2024

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Mercom Staff

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Daily Wrap-up
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Torrent Power’s Revenue Up 8% YoY to ₹65 Billion in Q4 FY 2024

Gujarat-based Torrent Power recorded a revenue of ₹65.29 billion (~$784.36 million) for the fourth quarter (Q4) of the financial year (FY) 2023-24, a year-over-year...

May 23, 2024

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Arjun Joshi

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Finance and M&A

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Other
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Daily News Wrap-Up: ALMM Reimposed from April 1, 2024

The Ministry of New and Renewable Energy (MNRE) has notified the implementation of the Approved List of Models and Manufacturers (ALMM) regulation effective April 1,...

April 1, 2024

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Mercom Staff

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Daily Wrap-up
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Torrent Power Wins 450 MW Wind-Solar Hybrid Projects at ₹3.65/kWh

Gujarat-based power company Torrent Power has won the auction for the purchase of 300 MW of power from wind-solar hybrid energy projects, with a greenshoe option of up...

March 29, 2024

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Arshreet Singh

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Tenders and Auctions
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SJVN, MEIL, Avaada Among Winners in Maharashtra’s 7.78 GW Solar KUSUM Tender

SJVN Green Energy (SJVN), Megha Engineering & Infrastructures (MEIL), and Avaada Energy were amongst the winners of MSEB Solar Agro Power’s (MSAPL) auction to...

March 14, 2024

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Satish Shetty

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Solar

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Tenders & Auctions
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Daily News Wrap-Up: Maharashtra’s 3 Million Residential Rooftop Solar Target

The Maharashtra State Electricity Distribution Company (MSEDCL) has prepared plans to install 3 million rooftop solar systems on houses in the state under the Pradhan...

February 29, 2024

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Staff

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Daily Wrap-up
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Torrent Secures ISTS Project to Evacuate 1.5 GW Renewables in Maharashtra

Gujarat-based power company Torrent Power has received the letter of intent from PFC Consulting for the establishment of an inter-state transmission system (ISTS) for...

February 28, 2024

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Gautamee Hazarika

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Other

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Renewable Energy
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Daily News Wrap-Up: Solar’s Share in Renewable Capacity Rises to 40%

Solar power accounted for 16.9% of the total installed power capacity and 40.1% of the total installed renewable capacity at the end of December 2023. Solar power’s...

February 12, 2024

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Mercom Staff

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Daily Wrap-up
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Torrent Power’s Q3 Profit Falls 46% YoY to ₹3.74 Billion As Fuel Expenses Surge

Gujarat-based power company Torrent Power recorded a profit after tax (PAT) of  ₹3.74 billion (~$45.05 million) for the third quarter (Q3) of the financial year (FY)...

February 9, 2024

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Arjun Joshi

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Other

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Renewable Energy
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Torrent Invites Bids to Procure 300 MW of Power from Wind-Solar Hybrid Projects

Gujarat-based power company Torrent Power has invited bids for the purchase of 300 MW of power from wind-solar hybrid energy projects, with a greenshoe option of up to...

January 25, 2024

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Gautamee Hazarika

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Renewable Energy

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Tenders and Auctions
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Torrent Power Records 9% YoY Increase in Profit in Q2 2023

Gujarat-based power company Torrent Power posted a total income of ₹5.3 billion (~$63.6 million) for the second quarter (Q2) of the financial year (FY) 2023-24, a...

November 9, 2023

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Arjun Joshi

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Other

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Renewable Energy
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Torrent Power Records a 6% YoY Increase in Profit in Q1 FY2023

Gujarat-based power company Torrent Power posted a profit after tax of ₹5.32 billion (~$64.3 million) for the first quarter (Q1) of the financial year (FY) 2023-24, a...

August 11, 2023

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Arjun Joshi

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Other

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Renewable Energy

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