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Mumbai – Torrent Power Limited, a leading integrated power utility, has captured market attention after securing a major order to develop a 1,600 MW coal-based thermal power project in Madhya Pradesh.
This strategic development, disclosed on 30th August 2025, has garnered considerable attention, with the company’s shares reflecting a positive market sentiment.
As of 11:02:03 IST on September 1, 2025, Torrent Power Limited’s stock (INE813H01021) was observed at 1,245.10, marking an increase of 17.80 or 1.45% from its previous close, indicating robust investor confidence following the announcement.
The ambitious project involves setting up a greenfield 2×800 MW Ultra-Supercritical power plant in Madhya Pradesh. This plant will operate on a Design, Build, Finance, Own, and Operate (DBFOO) model, with Torrent Power supplying the entire 1,600 MW capacity to MP Power Management Company Limited (MPPMCL) under a 25-year Power Purchase Agreement (PPA).
The Letter of Award (LoA) was received after Torrent Power’s successful participation in a competitive bidding process, securing a tariff of 5.829 Rs/kWh.
This venture represents a colossal investment of approximately Rs 22,000 crores, making it the single largest investment by the Torrent Group in the power sector.
The project is designed with Ultra-Supercritical technology, which is highly efficient and significantly reduces carbon emissions compared to conventional power plants.
MPPMCL will be responsible for arranging the necessary coal for the plant through the SHAKTI Policy of the Ministry of Coal. The commissioning of this vital project is expected within 72 months from the date of PPA execution.
Beyond its significant energy contribution, the project is anticipated to be a major job creator, generating approximately 8,000 to 10,000 direct and indirect jobs during its construction phase.
Together with 3 GW of pump storage capacity, this 1,600 MW project will increase Torrent Power’s total locked-in generation capacity to almost 9.6 GWp.
This includes an installed generation capacity of 4.9 GWp, an under-development capacity of around 3.1 GWp of renewable projects, 1.6 GW of Thermal capacity (from this new project), and 3 GW of pumped storage capacity.
With a revenue of ₹29,165 Crores, Torrent Power, an integrated power utility of the about ₹45,000 Crores Torrent Group, has a major presence in distribution, transmission, and generating.
Torrent Power regulatory compliance:
This media release was officially disseminated by Rahul Shah, Company Secretary & Compliance Officer for Torrent Power Limited, as an enclosure with a letter to both BSE Limited and the National Stock Exchange of India Limited on August 30, 2025, to ensure regulatory compliance and transparency.
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