TORRENT POWER COMMISSIONS 322 MWp DECENTRALISED

TORRENT POWER COMMISSIONS 322 MWp DECENTRALISED SOLAR PROJECTS IN MAHARASHTRA

Torrent Power’s wholly owned subsidiary, Torrent Green Energy, has commissioned 322 MWp of ground-mounted solar projects across Nashik district, Maharashtra. The projects have been developed across 50 locations spanning 14 talukas under the MSKVY 2.0 / PM-KUSUM feeder solarisation programme. The entire power generated from these projects will be supplied to MSEDCL under a 25-year Power Purchase Agreement, providing long-term contracted revenue visibility for the company. The projects are aimed at supplying daytime renewable power to agricultural feeders while also helping reduce transmission and distribution losses in the region. The commissioning further strengthens Torrent Power’s renewable energy portfolio and supports the company’s presence in India’s growing solar power generation and feeder solarisation market. Impact: Positive — The commissioning of 322 MWp of solar capacity expands Torrent Power’s renewable energy portfolio and provides long-term contracted revenue visibility through the 25-year PPA with MSEDCL.