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 Transport

07 Aug 2026

Government Plans Rs 450 bn Rail Investment Along Borders

The government plans to invest Rs 450 bn to upgrade railways along borders with China, Pakistan and Bangladesh, the press release said. The programme will run over 18 to 24 months and will finance new tracks, platforms and network strengthening across Punjab, West Bengal, Himachal Pradesh, Rajasthan, Assam and several northeastern states. That is about $4.7 bn. Officials indicated the initiative represents nearly 22 per cent of all railway infrastructure outlay planned over the next two years and is among the most significant strategic infrastructure pushes in recent years. The plan extends be..

Indian Railways Approves Daily Express Between Mumbai CSMT And Sawantwadi Road

Indian Railways has approved a new daily express service between Chhatrapati Shivaji Maharaj Terminus (CSMT), Mumbai, and Sawantwadi Road to boost rail connectivity across Maharashtra and the Konkan region. The service will operate over a 510-km route and will run daily as Train No. 15087 CSMT–Sawantwadi Road Express and Train No. 15088 Sawantwadi Road–CSMT Express. It is intended to provide direct and reliable rail connectivity for passengers travelling for tourism, education, employment and business. The Ministry of Railways said the move forms part of ongoing efforts to expand passenger..

SECR Invites Rs 4550.2 mn EPC Tender For Chhattisgarh Line

South East Central Railway (SECR) has invited bids for an engineering, procurement and construction (EPC) contract worth Rs 4550.2 mn for a section of the Dallirajhara-Rowghat-Jagdalpur New Railway Line in Chhattisgarh. The contract covers a nearly 30 km stretch between Kurkanar and Bhanpuri and forms part of the larger corridor linking the mineral-rich Bastar region with the state rail network. The authority has positioned the package as a key link to improve passenger and freight movement within the region. Tender documents carry tender number CAO-C-BSP-26-27-14 and an earnest money deposit ..