Conventional & Thermal Power

/ Torrent Power (sector lens) Update: Madhya Pradesh awarded 2,400 MW coal projects—800 MW (Adani) and 1,600 MW (Torrent)—as India targets +80 GW coal capacity by 2032 for grid reliability. Why it matters: Even amid renewables growth, baseload capacity additions are policy-backed; that shapes earnings visibility for thermal players. Beginner takeaway: Energy transition = “AND” not “OR”: renewables growth with selective coal additions for stability.