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Torrent Power acquires Nabha Power for ₹3,660 crore
RECENTLY ACQUIREDFeb 23, 2026•5 months ago
Acquiring Company
Torrent Power
Acquired Company
Rajpura Thermal Plant
PunjabEnergyRenewable EnergyEnergyRenewable Energy
Description
Torrent Power is acquiring Nabha Power for ₹3,660 crore, marking a significant strategic shift in its operations. This acquisition adds 1,400 MW of thermal capacity and supports its transition towards renewable energy sources. The move aims to reduce dependence on gas-fired assets and secure stable, long-term revenues through power purchase agreements. This initiative aligns with the growing demand for reliable energy in India.
Company Information
Company
Torrent Power
About
Torrent Power is a leading player in the Indian power sector, engaged in the generation, transmission, and distribution of electricity. The company has a significant presence in the renewable energy space and is committed to sustainable practices. Torrent Power has a strong pipeline of projects aimed at enhancing India's energy security.
PunjabEnergyRenewable EnergyEnergyRenewable Energy