Pursuant to competitive bidding process, Solar Energy Corporation of India Limited (SECI) has granted a Letter of Award to Torrent Power Limited for Wind Power Project of 300 MW and confirming long-term Power Purchase Arrangement for the power generated from the proposed project.
The estimated project cost is ₹2,600 crore and estimated date of commissioning is 24 months from the execution of PPA.
The company has operational capacity of 804.5 MW Wind Power and 263 MW Solar Power. The company has 415 MW Wind Power (including the aforementioned capacity) and 400 MW Solar Power under development.
Shares of Torrent Power Ltd was last trading in BSE at ₹481.60 as compared to the previous close of ₹475.95. The total number of shares traded during the day was 27176 in over 1125 trades.
The stock last hit in BSE,
- Intraday High of ₹ 498.90
- Intraday low of ₹ 490.45