Higher contribution from merchant power sales from gas-based power plants fuel the growth in Total Comprehensive Income.
Torrent Power Limited on Tuesday announced financial results for the quarter and six months ended September 30, 2025.
The strong operational performance contributing to higher TCI of Rs.238 Crores for the quarter on a year-on-year is primary attributable to increase in contribution from merchant power sales, including LNG sales, from gas-based power plants and reduction in finance cost, partially offset by increase in depreciation costs due to capex & commissioning of additional renewable generation capacity.
Developments during the Quarter:
Secured 1,600 MW Thermal Project in Madhya Pradesh
The Company secured Letter of Award from MP Power Management Company Limited for the long-term supply of power from a new 1,600 MW coal-based power plant, at a tariff of Rs. 5.829 per kWh.
Green Hydrogen Plant Inaugurated in Gorakhpur
Chief Minister of Uttar Pradesh, Yogi Adityanath, inaugurated Torrent Group’s first Green Hydrogen Plant in Gorakhpur, developed by Torrent Power and Torrent Gas with an annual production capacity of 72 TPA. The project is India’s largest hydrogen-natural gas blending initiative within the City Gas Distribution sector.
Torrent Power, the Rs. 29,165 Crores integrated power utility of about Rs. 45,000 Crores Torrent Group, is one of the largest companies in the country’s power sector with presence across the entire power value chain – generation, transmission and distribution.
Generation:
The Company has an aggregate installed generation capacity of 4,961 MWp comprising of 2,730 MW of gas-based capacity, 1,869 MWp of renewable capacity and 362 MW of coal-based capacity. Further, Renewable projects of ~3.6 GWp, Pumped Storage Capacity of 3 GW and coal based power capacity of 1.6 GW are under development. Total generation and Pumped Storage capacity, including projects under development is ~10.13 GWp and 3 GW respectively, positioning as a key player in India’s energy transition.
Distribution:
The Company distributes nearly 31 billion units to around 4.21 million customers in the cities of Ahmedabad, Gandhinagar, Surat, Dahej SEZ and Dholera SIR in Gujarat, Union Territory of Dadra and Nagar Haveli and Daman and Diu (DNH & DD), Bhiwandi, Shil, Mumbra and Kalwa in Maharashtra and Agra in Uttar Pradesh.
Torrent Power is widely considered to be the leading power distributor in India and in its licensed areas in Gujarat has the distinction of having the lowest distribution losses and best reliability indices in the country, reinforcing customer trust and satisfaction.
Also Read: Torrent Power Reports Q1 FY 2025-26 Results https://www.vibesofindia.com/torrent-power-reports-q1-fy-2025-26-results/
