Torrent Power (TPL) has emerged as the successful bidder to supply 388 million units (MU) of electricity from its gas-based plant under a government scheme. Power will be supplied by the power utility from its DGEN power plant at Dahej, Gujarat.
The company has been awarded a contract by NTPC Vidyut Vyapar Nigam (NVVN) under the government's crunch period scheme to overcome high power demand during summer. As per terms of the agreement between NVVN and TPL, 770 MW capacity is contracted with a minimum of 388 MUs of guaranteed power for supply from 16 March, 2024, to 30 June, 2024.
Torrent Power has a presence across the power value chain generation, transmission and distribution, with an aggregate installed generation capacity of 4,287 MW. Further, it has renewable projects of 1,402 MW under development, while the total generation capacity, including projects in advanced stages of development, is 5,689 MW.