Torrent Power acquires Nabha Power for Rs 3,632 cr
Business 25 Jun, 2026

Torrent Power acquires Nabha Power for Rs 3,632 cr

Business To Business, New Delhi, 25th June, 2026:   Torrent Power on Thursday announced the completion of its acquisition of a 100 per cent equity stake in Nabha Power Ltd from L&T Power Development Ltd for Rs 3,632.35 crore.
Earlier this year, Torrent Power had informed stock exchanges about the execution of a Securities Purchase Agreement to acquire the entire equity stake and convertible instruments of Nabha Power. The company had also received approval from the Competition Commission of India for the transaction.
In a regulatory filing, Torrent Power said it has now completed the acquisition of 100 per cent of the equity shares and convertible instruments of NPL from L&T at a total consideration of Rs 3,632.35 crore, following closing adjustments.
The acquisition strengthens Torrent Power's generation portfolio and expands its presence in the power sector. Nabha Power owns and operates a thermal power plant and has been supplying electricity under long-term power purchase arrangements.
The transaction is expected to support Torrent Power's growth strategy by enhancing its generation capacity and providing additional opportunities in India's evolving energy market.

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