Torrent Power Expands Green Portfolio with 300 MW Wind Project

• Torrent secures 300 MW wind project under SECI Wind Tranche-XVIII.
• Rs. 2,650 crore investment; project to commission in 24 months.
• Torrent's total renewable capacity under development reaches 3.3 GWp.

 India's renewable energy industry continues to pick up speed.With the acquisition of a 300 MW wind power project under Wind Tranche-XVIII by Torrent Green Energy Pvt Ltd, a fully owned subsidiary of Torrent Power.

India's shift to renewable energy has advanced significantly with the award, which was given out on June 11 by the Solar Energy Corporation of India (SECI). With an anticipated expenditure of ₹2,650 crore, the project, which would be developed at a rate of ₹3.97 per unit, will be put into service within 24 months of the Power Purchase Agreement (PPA) being signed. This expansion strengthens Torrent's position in India's growing green energy scene by bringing its total renewable capacity under development to 3.3 GWp.

"Torrent Green Energy Pvt Ltd has received a 'Letter of Award' from Solar Energy Corporation of India (SECI) on June 11 for setting up a 300 MW Wind power project under Wind Tranche-XVIII,” the company said in a regulatory filing.

Also read: Vedanta Boosts Renewable Energy Capacity to 1.03 GW

One of the most integrated power businesses in India, Torrent Power is a division of the Torrent Group and operates in the areas of generation, transmission, and distribution. With an increasing emphasis on renewable energy, this wind project win not only expands its portfolio but also significantly advances India's sustainability and clean energy objectives.