Torrent Power secures long-term LNG supply, plans investor meeting

Torrent Power Limited (TPL) announced on December 8, 2025, the signing of a long-term Sale and Purchase Agreement (SPA) with JERA Co., Inc., for the supply of up to 0.27 MMTPA of LNG over a 10-year period, commencing in 2027. This strategic move aims to fuel TPL's 2,730 MW Combined Cycle Gas-Based Power Plants, support peak demand, balance renewables, and ensure a reliable gas supply for its City Gas Distribution arm, Torrent Gas Ltd. The agreement aligns with India's goal to increase natural gas's share in the energy mix and enhance energy security.

The company, an integrated power utility with an aggregate installed generation capacity of 4.96 GWp, plans to further explore medium- and long-term LNG procurement. TPL also announced an analyst/investor meeting scheduled for Thursday, December 18, 2025, at 3:00 PM IST in Ahmedabad, with Motilal Oswal Financial Services Ltd.

Torrent Power serves over 4.21 million customers across various cities in Gujarat, Maharashtra, and Uttar Pradesh, distributing nearly 31 bn units. It is recognized for its low AT&C losses and high reliability indices in its licensed areas.