Torrent Power Ltd Share Price (TORNTPOWER)

Torrent Power Shares Fall by 4.34% on Government's Directive to Gas-Based Plants - 15 Apr, 2024

Torrent Power shares fell by 4.34% after the government directed all gas-based power generating stations to operationalize their plants from May 1 to June 30 due to a likely prolonged heat wave this summer.

Torrent Power Pivots Towards Green Energy - 04 Apr, 2024

Under the leadership of Jinal Mehta, Torrent Power is focusing on green energy and aims to eventually move towards green hydrogen. The company's financial performance has been strong, with total income growing at a CAGR of 24% over the past three years. Torrent Power operates across five key areas: generation, transmission, distribution, renewable energy, and power cables.

Torrent Power Bags 150-MW Wind Solar Hybrid Project - 02 Apr, 2024

Torrent Power's distribution unit has awarded the company a 150-MW wind solar hybrid project worth Rs 1,825 crore. The stock has nearly doubled in the last year with optimism for the segment contributing to gains.

Torrent Power Secures Key Projects and Orders - 01 Apr, 2024

Torrent Power has secured multiple contracts and orders, including a Rs 1,825 crore order for a solar-wind hybrid power project. The company also received a letter of award for setting up a 300MW grid-connected wind-solar hybrid project worth Rs 3,650 crore. Shares surged over 30% in one month.

Torrent Power Shares Surge on Renewable Energy Project Award - 28 Mar, 2024

Torrent Power's shares have surged by 27% in the past month and received a letter of award to set up a 150MW wind solar hybrid project worth Rs 1,825 crore.

Torrent Power Explores Buying Brookfield Renewables Portfolio - 27 Mar, 2024

Torrent Power's stock surged up to 7% on BSE intraday trade after it was reported that the company is exploring to buy Brookfield Renewables' 1.6 GW portfolio in India for around $800 million.

Torrent Power Acquires Solapur Transmission - 21 Mar, 2024

Torrent Power acquires 100% equity stake in Solapur Transmission for Rs 7 crore from PFC Consulting, aiming to establish an efficient transmission system for renewable energy projects in Maharashtra.

Torrent Power to Acquire 100% Share Capital of SPV - 20 Mar, 2024

Torrent Power has entered into a share purchase agreement to acquire the 100% share capital of an SPV for establishing a transmission system for power evacuation from renewable energy projects in Solapur SEZ, Maharashtra.

Torrent Power Bags Order for 300 MW Hybrid Project - 18 Mar, 2024

Torrent Power's subsidiary received an order to set up a 300 MW Grid Connected Wind Solar Hybrid Project with a tariff of Rs 3.65/kWh. The company plans to install 480 MW of capacity to meet the CUF requirement. Shares rose by 7.61%.