Torrent Power Signs 10-Year LNG Supply Agreement With JERA
POWER & RENEWABLE ENERGY

Torrent Power Signs 10-Year LNG Supply Agreement With JERA

Torrent Power has entered a long-term Sale and Purchase Agreement with JERA for the supply of up to 0.27 million metric tonnes per annum of liquefied natural gas over a ten-year period beginning in 2027. The contracted LNG volumes will support operations at Torrent Power’s 2,730 MW combined-cycle gas-fired plants and bolster fuel availability for its city gas distribution business, Torrent Gas.

The company stated that the agreement ensures stable long-term fuel supply for generation and distribution activities, aligning with India’s objective to expand the share of natural gas in the national energy mix. Torrent Power also indicated that it is evaluating additional medium- and long-term LNG procurement options to serve increasing demand across its network.

Torrent Power has a generation portfolio of 4.96 GW, covering gas-based, renewable and coal-based capacities. Its distribution arm supplies nearly 31 billion units of electricity to more than 4.21 million consumers across several states and union territories.

In its latest financial results, the company reported a standalone net profit of Rs 7.23 billion for Q2 FY26, a rise of 50.5 per cent compared with the previous year, while revenue from operations increased 9.8 per cent to Rs 78.76 billion. Shares of Torrent Power declined 1.05 per cent to Rs 1,240.90 on the BSE.

Torrent Power has entered a long-term Sale and Purchase Agreement with JERA for the supply of up to 0.27 million metric tonnes per annum of liquefied natural gas over a ten-year period beginning in 2027. The contracted LNG volumes will support operations at Torrent Power’s 2,730 MW combined-cycle gas-fired plants and bolster fuel availability for its city gas distribution business, Torrent Gas. The company stated that the agreement ensures stable long-term fuel supply for generation and distribution activities, aligning with India’s objective to expand the share of natural gas in the national energy mix. Torrent Power also indicated that it is evaluating additional medium- and long-term LNG procurement options to serve increasing demand across its network. Torrent Power has a generation portfolio of 4.96 GW, covering gas-based, renewable and coal-based capacities. Its distribution arm supplies nearly 31 billion units of electricity to more than 4.21 million consumers across several states and union territories. In its latest financial results, the company reported a standalone net profit of Rs 7.23 billion for Q2 FY26, a rise of 50.5 per cent compared with the previous year, while revenue from operations increased 9.8 per cent to Rs 78.76 billion. Shares of Torrent Power declined 1.05 per cent to Rs 1,240.90 on the BSE.

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