Major Highlights Revenue from Operations ₹ 6,510 crs in Q1 FY 2022-23 compared to ₹ 3,099 crs in Q1 FY 2021-22, up by 110% EBITDA ₹ 1,169 crs in Q1 FY 2022-23 compared to ₹ 764 crs in Q1 FY 2021-22, up by 53% Total Comprehensive Income ₹ 503 crs in Q1 FY 2022-23 compared […]
Varun Mehta is appointed as Director on Board of Torrent Power from 8th August 2022. Varun is a BSc (with honours) in Management from University of Warwick, UK and an MBA from INSEAD, France. During his tenure with Torrent Power, he has worked across different business segments of the company – namely Renewables, Thermal Generation […]
Acquisition of equity shares of Wind Two Renergy Private Limited from lnox Green Energy Services Limited (formerly known as lnox Wind Infrastructure Services Limited. For more information please see below link:
It has implemented a 50MW wind power project in Kutch district of Gujarat. The electricity generated from the project is supplied under a 25-year Power Purchase Agreement PPA with PTC India Limited. Torrent Power on Saturday said it has acquired 100 per cent stake in Wind Two Renergy Private Ltd (WTRPL) for Rs 32.51 crore […]
Torrent Power has bagged a 300 MW wind energy project worth Rs 2,600 crore in Karnataka from Solar Energy Corporation of India (SECI), according to a regulatory filing The company in a BSE filing said, “SECI has granted a Letter of Award to the company for 300 MW wind project and confirming long-term power purchase […]
Gujarat-based Torrent Power Ltd. has acquired a 50 megawatt solar power plant from SkyPower Group at an enterprise value of Rs 416 crore. The solar power plant, a special purpose vehicle located in Telangana, has a long-term power purchase agreement with Northern Power Distribution Co. of Telangana Ltd. for 25 years at a fixed tariff […]
On a consolidated basis, Torrent Power reported a net loss of Rs 488.04 crore on the back of an exceptional item of Rs 1300 crore in Q4 FY22. The integrated power utility arm of Torrent Group recorded an exceptional loss of Rs 1,300 crore in Q4 FY22. The company said based on the assessment, recoverable […]
Revenue from Operations ₹ 3,744 crs in Q4 FY 2021-22 compared to ₹ 3,084 crs in Q4 FY 2020-21, up by 21% ₹ 14,258 crs in FY 2021-22 compared to ₹ 12,173 crs in FY 2020-21, up by 17% EBITDA ₹ 1,088 crs in Q4 FY 2021-22 compared to ₹ 947 crs in Q4 FY […]