Torrent Power Share Surges on its Arm Secures 300 MW Wind Project from SECI

Torrent Green Energy Pvt Ltd, a wholly owned subsidiary of Torrent Power Ltd, has secured a 300 MW wind power project from the Solar Energy Corporation of India (SECI). The company received the Letter of Award on June 11, 2025. The project was awarded under Wind Tranche-XVIII following a competitive bidding process.

Project Cost and Timeline

Torrent Power has estimated an investment of ₹2,650 crore for the project. The tariff has been set at ₹3.97 per unit. Commissioning is expected within 24 months of the signing of the Power Purchase Agreement (PPA).

Renewable Energy Capacity

With this addition, Torrent Power’s total renewable capacity under development has reached 3.3 gigawatt peak (GWp). The project contributes to the company's ongoing expansion in the renewable energy sector.

Read more: Torrent Power Share Price Surges on LNG Agreement with BP Singapore!

Torrent Power Q4 FY25 Results 

Torrent Power reported a net profit of ₹1,059.6 crore for the quarter ended March 31, 2025, marking a 146.3% increase from ₹430.2 crore in the same quarter the previous year. This growth was supported by higher contributions from gas-based plants and distribution businesses. The company also recorded a one-time deferred tax liability reversal of ₹637 crore and gains from the sale of non-current investments.

Revenue from operations for the quarter stood at ₹6,456.3 crore, down 1.1% year-on-year. EBITDA for the quarter rose 1.9% to ₹1,130.4 crore, compared to ₹1,109 crore in the corresponding quarter of the previous year.

Torrent Power Share Price Performance

As of 10:21 am on June 13, 2025, Torrent Power share price stood at ₹1,407.60, up 0.62% for the day; however, the stock has declined by 15.67% over the past 6 months and 11.90% over the past year.

Conclusion

This project brings Torrent Green Energy’s total renewable projects under development to over 3 GWp. It is part of the company's larger pipeline of clean energy initiatives and ongoing operational expansion.

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