Torrent Green forms five new subsidiaries for RE projects
Author: PPD Team Date: February 27, 2025
Author: PPD Team Date: February 27, 2025
Torrent Green Energy Private Limited (TGEPL), a wholly-owned subsidiary of Torrent Power Limited (TPL), has incorporated five subsidiaries to implement renewable energy (RE) projects in India.
The new subsidiaries are Torrent Urja 32 Private Limited (TU32), Torrent Urja 33 Private Limited, Torrent Urja 34 Private Limited, Torrent Urja 35 Private Limited (TU35), and Torrent Urja 36 Private Limited.
These companies will focus on power generation, transmission, distribution, procurement, trading, import, export, storage, and the production of green hydrogen and its derivatives like ammonia. They will also explore all forms of RE sources, including electrical power and energy.
On February 19, 2025, Torrent also incorporated another wholly-owned subsidiary, Torrent Urja 30 Private Limited (TU30), for similar RE initiatives.
Author: PPD Team Date: March 12, 2025 JSW Energy Limited has completed the acquisition of KSK Mahanadi Power Company Limited (KMPCL) for the 3,600 MW Akaltara (Nariyara) Thermal Power Project at a cost of Rs 160.84 billion. The Competition Commission of India (CCI) approved JSW Energy’s acquisition of a 100% stake in KMPCL through its wholly owned subsidiary, JSW Thermal Energy One Limited, last week. The thermal power project, located in Nariyara, Akaltara, Janjgir-Champa district…
Author: PPD Team Date: December 29, 2025 Solarworld Energy Solutions Limited announced that it has received a Letter of Award for the Engineering, Procurement, and Construction package of a 250 MWac grid-connected solar power project. The order, issued by NTPC Renewable Energy Limited, is valued at about Rs 725.33 crore, including taxes. The project is expected to be completed in the financial year 2026-27. In a separate disclosure dated December 22, 2025, the company stated…
Author: PPD Team Date: August 13, 2025 Inox Green Energy Services Ltd. has signed an agreement with the renewable energy arm of a large Indian conglomerate for the comprehensive operations and maintenance (O&M) of 182 MW of wind projects in western India. The contract covers conversion of 82 MW from limited-scope to comprehensive O&M, and early renewal of comprehensive O&M for another 100 MW. It will remain in effect for the balance operational life of…
Author: PPD Team Date: November 12, 2024 FREYR Battery has signed an agreement to acquire Trina Solar’s 5 GW solar module manufacturing facility in Wilmer, Texas. The acquisition is expected to be finalised by the end of 2024. The Wilmer plant, which began production on November 1, 2024, is slated to reach full capacity by 2025, with 30 per cent of its output already under firm contracts with US customers. Post-acquisition, FREYR plans a multi-phase…
Author: PPD Team Date: August 22, 2025 The Maharashtra government has signed a series of investment agreements to strengthen its renewable energy and digital infrastructure sectors. A key highlight is the commitment of Rs 15,600 crore towards solar manufacturing. Jupiter International will invest Rs 10,900 crore to set up facilities for solar wafer, cell, and module production at Butibori in Nagpur district. The project is expected to create about 8,308 jobs. LNK Green Energy Private…
Author: PPD Team Date: December 3, 2024 Sterling and Wilson Renewable Energy Ltd (SWREL) has secured a Rs 5.04 billion contract to develop a solar photovoltaic (PV) plant in Rajasthan. The project, awarded by an independent power producer, involves the supply, installation, and commissioning of a 305 MW AC / 396 MWp DC PV system.