Torrent Power to Invest Rs 500 Bn in Green Energy Push

25 Jul 2025 CW Team

Torrent Power has unveiled plans to invest nearly Rs 500 billion over the next three to four years in a significant expansion of its renewable energy (RE) portfolio and power infrastructure. The Ahmedabad-based power major is aiming to scale its renewable capacity to 10 GW by 2030, up from the current 1.75 GW in operation.

The proposed capex will be distributed across three segments: around Rs 200 billion will support renewable energy projects, Rs 140 billion will go towards pumped storage hydro projects totalling 3,000 MW capacity, and Rs 160 billion has been earmarked for transmission and distribution (T&D) network expansion, including privatisation-led opportunities.

For FY 2026 alone, Torrent has lined up approximately Rs 57 billion for renewable initiatives. Solar projects are expected to receive Rs 25 billion, wind Rs 45 billion, and hybrid projects – a key focus area – are estimated to draw Rs 130 billion during the broader investment period.

In the T&D space, Torrent plans to invest Rs 13 billion in transmission and Rs 20–25 billion in distribution upgrades and expansion in FY26.

The company has already commenced work on key renewable projects, with plans to commission nearly 900 MW of capacity in FY26, including 370 MW solar, 300 MW wind, and 250 MW hybrid power. With 3.1 GW of renewable projects under construction, Torrent’s total renewable portfolio now stands at nearly 4.9 GW (operational and pipeline).

Torrent continues to maintain a healthy financial structure, adhering to a 70:30 debt-to-equity ratio for new projects. Its recent Rs 35-billion Qualified Institutional Placement (QIP) has bolstered its capital base, with the net debt to EBITDA ratio at 1.41 as of March 2025—one of the lowest in the Indian power sector.

News source: MSN

Infrastructure Urban

13 Oct 2025

Daikin Boosts Haryana’s Innovation Push with Rs 10 billion R&D Plan

Japanese multinational Daikin Industries has committed an investment of Rs 10 billion to set up a new research and development centre in Haryana. The proposed facility will focus on advanced technologies and sustainable industrial solutions, marking a significant boost to the state’s innovation and industrial ecosystem. The announcement follows the signing of a Memorandum of Understanding (MoU) in Osaka, Japan, during a visit by a Haryana government delegation held from October 6 to 8. The MoU was signed by Amit Kumar Agrawal, Commissioner and Secretary, Industries and Commerce Department, ..

Recycling Leaders Push for Policy Reforms in India

As India prepares for the largest recycling-focused event in its history, industry leaders are making a strong case for policy reforms to unlock the country’s circular economy potential. Ahead of the Bharat Recycling Show (BRS) 2025, co-located with Plastics Recycling Show (PRS) India, a high-level panel discussion in Mumbai spotlighted the urgent need for regulatory clarity, digital innovation, and integration of the informal sector.Held under the theme “Unlocking Circular Value: Regulatory and Market Trends in Recycling”, the panel brought together prominent voices from across the recy..

Environmental Hearing Set for 1000 MW Naying Hydro Project

The environmental public hearing for the 1,000 MW Naying hydroelectric project will take place on November 12 at Yapik community hall in Shi-Yomi district, Arunachal Pradesh, officials confirmed. The run-of-the-river project on the Siyom (Yomgo) river is being developed by the North Eastern Electric Power Corporation (NEEPCO). Construction, including a concrete dam, underground powerhouse, and tunnel, is expected to commence around 2028, with commissioning planned by 2032. The project aims to generate approximately 4,966.77 GWh of electricity. The Naying project received Central Electricity ..