Torrent Power Gets CCI Nod to Acquire Nabha Power

Torrent Power has received approval from the Competition Commission of India (CCI) on April 7, 2026, for its proposed acquisition of a 100% equity stake and convertible instruments in Nabha Power Limited from L&T Power Development Limited. This clearance marks a key regulatory milestone in the deal, with only the formal order pending before transaction finalization. Nabha Power operates a 1,980 MW thermal power plant in Punjab, and its acquisition will significantly boost Torrent Power’s generation capacity and strengthen its presence in northern India. The move aligns with Torrent’s strategy to expand and diversify its energy portfolio across generation, transmission, and distribution. With this step, Torrent Power reinforces its ambition to become a more integrated power player, enhancing scale and operational synergies in India’s evolving energy landscape.