According to the statement, Torrent has a gas-based electricity generation capacity of 2,730 MW.
torrent power emerged as a successful bidder in the competitive tender and received an award letter from NVVN on March 1, 2024, for supplying power from its gas-fired power plant during the crisis/high power demand periods of the coming summer starting in March. June 16, 2024 to June 30, 2024, period.
The government, through NVVN, last year came up with the crisis/high demand period plan to harness gas-based power generation (GBPG) to overcome the country's growing power demand, which peaks particularly during certain periods in the summer months and also, certain Post-Monsoon Periods.
Gas-based power, with its high efficiency, flexibility and much lower emissions, is considered well suited to meet requirements during periods of high energy demand.
Power will be supplied by Torrent Power from its DGEN power plant, Dahej. As per the terms of the agreement between NVVN and TPL, a capacity of 770 MW has been contracted with a minimum of 388 MU of guaranteed power to be supplied from March 16, 2024 to June 30, 2024. The actual power consumption In addition to the guaranteed minimum, it will depend on the energy demand that occurs next summer.
Torrent Power, the Rs 25,694-crore integrated power company of the Rs 37,600-crore Torrent Group, is one of the largest companies in the country's power sector with presence across the entire power value chain - generation, transmission and distribution.
The company has an aggregate installed generation capacity of 4,287 MW, comprised of 2,730 MW of gas-fired capacity, 1,195 MW of renewable capacity and 362 MW of coal-fired capacity.
In addition, 1,402 MW of renewable projects are being developed.
The total generation capacity, including projects in an advanced stage of development, is 5,689 MW.
