Torrent Power bags 300 MW wind project from SECI
Torrent Power
on Thursday said its arm, Torrent Green Energy Pvt Ltd, has emerged as a successful bidder for a
300 MW wind project
.
The project, with a tariff of ₹3.97 per unit, is to be commissioned within 24 months from the date of execution of the
power purchase agreement
(PPA), with an estimated investment of about ₹2,650 crore.
Torrent Green Energy Pvt Ltd, a wholly-owned subsidiary, has received a 'Letter of Award' from Solar Energy Corporation of India (
SECI
) on June 11 for setting up a 300 MW Wind power project under Wind Tranche-XVIII.
With this, Torrent's renewable capacity under development increases to 3.3 GWp.
Part of Torrent Group, Torrent Power is one of the largest companies in the country's power sector with a presence across the entire power value chain - generation, transmission and distribution.
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