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Torrent Power reports net loss of Rs 488 cr in Q4 FY22 – EQ Mag Pro

On a consolidated basis, Torrent Power reported a net loss of Rs 488.04 crore on the back of an exceptional item of Rs 1300 crore in Q4 FY22. The integrated power utility arm of Torrent Group recorded an exceptional loss of Rs 1,300 crore in Q4 FY22. The company said based on the assessment, recoverable […]

Tata Power Renewable Energy reports standalone net loss of Rs 29.02 crore in the December 2022 quarter

Torrent Power announced formal takeover of power distribution operations in the Union Territory of Dadra & Nagar Haveli, Daman and Diu – EQ Mag Pro

Torrent Power today announced formal takeover of the power distribution operations in the Union Territory of Dadra & Nagar Haveli, Daman and Diu. Dadra & Nagar Haveli, Daman and Diu is the first Union Territory to be privatized under the Government of India’s ambitious program to privatize the distribution network in Union Territories through a […]

Nordic Solar Completes Development Process for Two Solar Parks in Southern Sweden – EQ Mag

Torrent Power entered into SPA and SHA for purchase of 51% Equity Share Capital of Dadra and Nagar Haveli and Daman and Diu Power Distribution Corporation Limited – EQ Mag Pro

Torrent Power Limited has entered into a Share Purchase Agreement (SPA) and Shareholders Agreement (SHA) with Hon’ble Administrator of the Union Territory of Dadra and Nagar Haveli and Daman and Diu (Holding Entity) and Dadra and Nagar Haveli and Daman and Diu Power Distribution Corporation Limited (the SPV) for purchase of 51% Equity Share Capital […]

Nordic Solar Completes Development Process for Two Solar Parks in Southern Sweden – EQ Mag

Torrent Power concludes acquisition of 156 MW wind power plants from CESC – EQ Mag Pro

The power utility completed acquisition of 100% equity share capital of Surya Vidyut (SPV), wholly owned subsidiary of CESC. Surya Vidyut operates 156 MW wind power plants (the projects), spread across the states of Gujarat, Rajasthan and Madhya Pradesh. Long-term power purchase agreements (PPAs) for the projects are with respective State Discoms for a period […]

JSW Energy acquires 1,753 MW green assets of MEIPL for over Rs 10,000 crore – EQ Mag