torrent-power

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Daily News Wrap-Up: Top Solar Module Mounting Structure Suppliers in 2022

Purshotam Profiles, Goodluck India, and Strolar were the top three module mounting structure suppliers to the Indian solar market in the calendar year 2022. Raydean and...

May 31, 2023

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Mercom India

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Daily Wrap-up
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Torrent Power Swings to Profit in Q4 on Higher Generation and Power Demand

Gujarat-based power company Torrent Power posted a profit of ₹4.88 billion (~$58.97 million) for the fourth quarter (Q4) of the financial year (FY) 2022-23 against a...

May 30, 2023

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Gourav Mishra

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Other

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Renewable Energy
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Daily News Wrap-Up: SECI Pays ₹7.3 Billion to Solar and Wind Developers

The Solar Energy Corporation of India has released ₹7.3 billion (~$88.6 million) in payments to solar and wind developers for the power purchased in December 2022. The...

February 16, 2023

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Mercom India

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Daily Wrap-up
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Lower T&D Losses Drive Torrent Power’s Profit Up 88% YoY

Gujarat-based power company Torrent Power posted a profit of ₹6.94 billion (~$83.7 billion) for the third quarter (Q3) of the financial year (FY) 2023, a year-over-year...

February 15, 2023

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Gourav Mishra

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Finance and M&A

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Other

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Press Releases
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Torrent Power’s Profit Up by 32% on Higher Electricity Demand, Reduced T&D Losses

Gujarat-based power company Torrent Power’s profit increased year-over-year (YoY) by 32% to ₹4.8 billion (~$60.04 million) in the second quarter (Q2) of the financial...

November 12, 2022

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Gourav Mishra

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Finance and M&A

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Other

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Renewable Energy
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Torrent Power Records a 110% YoY Increase in Revenue in Q1 FY23

Gujarat-based power company Torrent Power recorded revenue of ₹66.19 billion (~$832.01 million) in the first quarter (Q1) of the financial year (FY) 2023, a...

August 9, 2022

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Arjun Joshi

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Other

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Renewable Energy
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Torrent Power Acquires 50 MW Wind Project from Inox Green

Gujarat-based power company Torrent Power has acquired a 100% stake in Wind Two Renergy from lnox Green Energy Services. The estimated acquisition cost is ₹325.1 million...

August 1, 2022

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Rakesh Ranjan

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Finance and M&A

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Other
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Daily News Wrap-Up: SECI Annuls Tender for Green Hydrogen-Based Pilot Project in Leh

Here are some noteworthy cleantech announcements of the day from around the world: Solar Energy Corporation of India (SECI) announced the annulment of the request for...

June 16, 2022

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Satish Shetty

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Other

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Renewable Energy
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Daily News Wrap Up: NHPC Signs EPC Contract With Adani for 600 MW Solar Project

Here are some noteworthy cleantech announcements of the day from around the world: NHPC signed an engineering, procurement, and construction (EPC) contract with Adani...

June 14, 2022

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Satish Shetty

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Other

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Renewable Energy
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Torrent Power Records a 17% YoY Increase in Revenue in FY 2022

Gujarat-based power company Torrent Power has announced the fourth quarter (Q4) and full-year financial results for the financial year (FY) 2021-22. The company recorded...

May 11, 2022

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Arjun Joshi

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Finance and M&A

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Other
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Torrent Power Acquires a 50 MW Solar Project in Telangana for ₹4.17 Billion

Torrent Power Limited, a Gujarat-based power company, has signed a share purchase agreement to acquire a 100% stake in the special purpose vehicle (SPV) operating a 50...

April 25, 2022

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Gourav Mishra

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Finance and M&A

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Solar
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Daily News Wrap-Up: Torrent Power Completes Acquisition of a 50 MW Solar Project

Here are some noteworthy cleantech announcements of the day from around the world: Torrent Power announced the completion of its acquisition of 100% of the share capital...

March 28, 2022

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Satish Shetty

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Other

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Renewable Energy
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Torrent Power Acquires 51% Stake in Dadra and Nagar Haveli, Daman, and Diu DISCOMs

Torrent Power announced the signing of a Share Purchase Agreement (SPA) and Shareholders Agreement (SHA) to complete the acquisition of 51% equity share capital in Dadra...

March 16, 2022

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Gourav Mishra

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Finance and M&A

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Other
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Torrent Power Acquires a 25 MW Solar Project in Gujarat for ₹1.63 Billion

Gujarat-based power company Torrent Power Limited announced that it has entered into a share purchase agreement with Blue Daimond Properties and Balrampur Chini Mills to...

February 11, 2022

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Harsh Shukla

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Finance and M&A

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Solar
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Torrent Power’s Revenue from Operations Jumps 16% YoY in 9M FY 2022

Gujarat-based power company Torrent Power has announced the financial results for the first nine months (9M) and third quarter (Q3) of the financial year (FY) 2022. The...

February 4, 2022

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Rakesh Ranjan

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Finance and M&A

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Other

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