Torrent Wins Rs 220 Billion Thermal Power Project
POWER & RENEWABLE ENERGY

Torrent Wins Rs 220 Billion Thermal Power Project

Torrent Power Limited, a major private-sector integrated power utility, has received a Letter of Award (LoA) from MP Power Management Company Limited (MPPMCL) for the long-term procurement of power from a 1,600 MW coal-based thermal power project. This award follows Torrent Power's successful bid in a competitive tender conducted by MPPMCL at a tariff of Rs 5.829 per kWh.
As per the LoA, Torrent Power will develop a greenfield 2x800 MW Ultra-Supercritical power plant in Madhya Pradesh under the Design, Build, Finance, Own and Operate (DBFOO) model. The full capacity of the plant will be supplied to MPPMCL. Coal for the plant will be provided by MPPMCL under the Ministry of Coal’s SHAKTI Policy framework.
The project represents Torrent Group’s single largest investment in the power sector, estimated at approximately Rs 220 billion (Rs 22,000 crore). It is expected to be commissioned within 72 months of signing the Power Purchase Agreement (PPA).
Using Ultra-Supercritical technology, the plant will offer enhanced efficiency and substantially reduced carbon emissions compared to conventional coal-based plants. During construction, the project is expected to generate 8,000 to 10,000 direct and indirect jobs, while operations will support around 1,500 jobs.
Commenting on the development, Jinal Mehta, Vice Chairman and Managing Director of Torrent Power, stated, “This investment will play a key role in realising the Government of India’s target of adding 80 GW of coal-based capacity by 2032. It will also help in ensuring much-needed base load power to stabilise the national grid.”
Following this development, Torrent Power’s total committed generation and pump storage portfolio will stand at approximately 9.6 GWp and 3 GW respectively. This includes 4.9 GWp of installed capacity, around 3.1 GWp of renewable capacity under development, 1.6 GW of thermal capacity, and 3 GW of pump storage capacity. 

Torrent Power Limited, a major private-sector integrated power utility, has received a Letter of Award (LoA) from MP Power Management Company Limited (MPPMCL) for the long-term procurement of power from a 1,600 MW coal-based thermal power project. This award follows Torrent Power's successful bid in a competitive tender conducted by MPPMCL at a tariff of Rs 5.829 per kWh.As per the LoA, Torrent Power will develop a greenfield 2x800 MW Ultra-Supercritical power plant in Madhya Pradesh under the Design, Build, Finance, Own and Operate (DBFOO) model. The full capacity of the plant will be supplied to MPPMCL. Coal for the plant will be provided by MPPMCL under the Ministry of Coal’s SHAKTI Policy framework.The project represents Torrent Group’s single largest investment in the power sector, estimated at approximately Rs 220 billion (Rs 22,000 crore). It is expected to be commissioned within 72 months of signing the Power Purchase Agreement (PPA).Using Ultra-Supercritical technology, the plant will offer enhanced efficiency and substantially reduced carbon emissions compared to conventional coal-based plants. During construction, the project is expected to generate 8,000 to 10,000 direct and indirect jobs, while operations will support around 1,500 jobs.Commenting on the development, Jinal Mehta, Vice Chairman and Managing Director of Torrent Power, stated, “This investment will play a key role in realising the Government of India’s target of adding 80 GW of coal-based capacity by 2032. It will also help in ensuring much-needed base load power to stabilise the national grid.”Following this development, Torrent Power’s total committed generation and pump storage portfolio will stand at approximately 9.6 GWp and 3 GW respectively. This includes 4.9 GWp of installed capacity, around 3.1 GWp of renewable capacity under development, 1.6 GW of thermal capacity, and 3 GW of pump storage capacity. 

Related Stories

Gold Stories

Next Story
Infrastructure Urban

KONE Opens India's First Digital Experience Centre in Pune

KONE, a global elevator and escalator manufacturer, has inaugurated its first Digital Experience Centre (DEC) in India, located in Pune. The facility aims to showcase how artificial intelligence (AI), connectivity and data-driven technologies can enhance customer experiences and improve building operations.The centre was inaugurated by Jussi Herlin, Executive Vice Chair, KONE Corporation; Philippe Delorme, President and CEO, KONE; and Nandan Nilekani, Co-founder and Chairman of the Board, Infosys.Designed as an interactive customer environment, the facility demonstrates digital solutions cover..

Next Story
Infrastructure Urban

CII GreenCo Launches Circularity Guidelines for Indian Industry

The Confederation of Indian Industry (CII) GreenCo Council has launched the CII GreenCo Circularity Guidelines – Pilot Version at the 17th CII GreenCo Waste & Resource Management Summit 2026 in Chennai. The initiative aims to strengthen resource efficiency, waste reduction and circular economy practices across Indian manufacturing and process industries.The guidelines introduce a structured framework with circularity indices covering raw materials, consumables, packaging and other resource inputs. These indicators will help industries assess existing practices, identify opportunities to ..

Next Story
Infrastructure Energy

Global Electronics Association Launches IPC-1783-CO2E Standard

The Global Electronics Association has introduced IPC-1783-CO2E, a new international standard aimed at improving consistency, transparency and comparability in product carbon footprint reporting across the electronics manufacturing industry.The standard, titled International Standard for Data Collection and Reporting of CO2 Equivalent (CO2e) Emissions for the Electronics Manufacturing Supply Chain, provides industry-specific guidance for collecting, estimating and reporting carbon emissions data.With increasing regulatory requirements and customer expectations, electronics manufacturers face c..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code