Torrent Signs LNG Deal With BP Singapore
POWER & RENEWABLE ENERGY

Torrent Signs LNG Deal With BP Singapore

Torrent Power Ltd (TPL) has entered into a long-term Sales and Purchase Agreement with BP Singapore Pte. Ltd., a subsidiary of global energy major bp, for the supply of up to 0.41 million metric tonnes per annum (MMTPA) of liquefied natural gas (LNG) from 2027 to 2036.
The LNG secured under this agreement will be used strategically by TPL to power its 2,730 MW combined cycle gas-based power plants (GBPPs) across India. These plants play a critical role in addressing peak electricity demand, supporting renewable integration, and maintaining grid stability.
Additionally, the LNG will cater to the rising requirements of Torrent Gas Ltd. (TGL), the City Gas Distribution (CGD) arm of the Torrent Group. The supply will help ensure consistent availability of natural gas for residential, commercial, industrial users, and compressed natural gas (CNG) vehicles.
The agreement underscores Torrent’s commitment to clean energy and supports the Government of India’s goal of increasing natural gas's share in the national energy mix to approximately 15 per cent by 2030. It also aligns with the broader agenda of enhancing India’s energy security through diversified, reliable fuel sourcing.
TPL and TGL also plan to explore additional medium- and long-term LNG procurement opportunities in response to increasing demand across their power and CGD operations. The strategy aims to strengthen supply reliability while leveraging favourable LNG market conditions to optimise procurement costs.

Torrent Power Ltd (TPL) has entered into a long-term Sales and Purchase Agreement with BP Singapore Pte. Ltd., a subsidiary of global energy major bp, for the supply of up to 0.41 million metric tonnes per annum (MMTPA) of liquefied natural gas (LNG) from 2027 to 2036.The LNG secured under this agreement will be used strategically by TPL to power its 2,730 MW combined cycle gas-based power plants (GBPPs) across India. These plants play a critical role in addressing peak electricity demand, supporting renewable integration, and maintaining grid stability.Additionally, the LNG will cater to the rising requirements of Torrent Gas Ltd. (TGL), the City Gas Distribution (CGD) arm of the Torrent Group. The supply will help ensure consistent availability of natural gas for residential, commercial, industrial users, and compressed natural gas (CNG) vehicles.The agreement underscores Torrent’s commitment to clean energy and supports the Government of India’s goal of increasing natural gas's share in the national energy mix to approximately 15 per cent by 2030. It also aligns with the broader agenda of enhancing India’s energy security through diversified, reliable fuel sourcing.TPL and TGL also plan to explore additional medium- and long-term LNG procurement opportunities in response to increasing demand across their power and CGD operations. The strategy aims to strengthen supply reliability while leveraging favourable LNG market conditions to optimise procurement costs.

Next Story
Resources

Tata Power turns 5,000 kg plastic waste into green livelihood for women

Tata Power’s Anokha Dhaaga Smart Circularity programme has converted over 5,000 kilograms of single-use plastic waste into recycled fabric products like T-shirts, tote bags, and haversacks, generating over Rs 20 lakh in fair-trade earnings for women entrepreneurs. The initiative is active across six centres and aligns with the World Environment Day 2025 theme — End Plastic Pollution. The project began with a collection drive across Tata Power’s Trombay plant, housing colonies, and offices. In collaboration with ReCircle and sanitation workers ('Safai Saathis'), the waste was processed i..

Next Story
Infrastructure Transport

Adani Airports secures US$ 750 million from global lenders for growth

Adani Airports Holdings (AAHL), a subsidiary of Adani Enterprises and India’s largest private airport operator, has raised US$ 750 million via External Commercial Borrowings from a consortium of international banks. The financing was led by First Abu Dhabi Bank, Barclays PLC, and Standard Chartered Bank. Of the total funds, US$ 400 million will be used to refinance existing debt, while the remainder will support growth capex across six airports—Ahmedabad, Lucknow, Mangaluru, Jaipur, Guwahati, and Thiruvananthapuram—and expansion of AAHL’s non-aeronautical verticals including retai..

Next Story
Resources

CASE launches ‘Vijeta’ to skill youth in construction equipment sales

CASE Construction Equipment, a CNH brand, has launched ‘Vijeta’, a CSR initiative aimed at enhancing employability among underprivileged youth in the heavy equipment sector. The programme will equip participants with technical and practical skills required in construction equipment sales, particularly for backhoe loaders. It blends online and offline training, followed by a three-month hands-on industry stint at sales outlets, along with a monthly stipend. Puneet Vidyarthi, Head of Brand Marketing, CASE CE, APAC & India, said, “Vijeta bridges the skill gap in equipment sale..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?