Torrent Green Energy (TGEPL), a wholly-owned subsidiary of Torrent Power has emerged as the successful bidder under competitive bidding for setting up of 300 MW wind power project under Wind Tranche-XVIII. The company has received a letter of award (LoA) from Solar Energy Corporation of India (SECI) on June 11, 2025.
The project, with a tariff of Rs 3.97 per unit is to be commissioned within 24 months from the date of execution of the PPA, with an estimated investment of about Rs 2,650 crore.
With this project, Torrent’s renewable capacity under development will increase to 3.3 GWp. Aligning with its sustainability commitments and the Government’s target of achieving 500 GW of non-fossil fuel capacity by 2030, Torrent continues to expand its renewable portfolio.
In addition to a balanced wind and solar portfolio, the company is also working on other green energy pathways of pumped hydro and green hydrogen.