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Torrent Power is currently trading at Rs. 1418.90, up by 22.45 points or 1.61% from its previous closing of Rs. 1396.45 on the BSE.

The scrip opened at Rs. 1425.00 and has touched a high and low of Rs. 1425.00 and Rs. 1402.85 respectively. So far 16006 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2037.35 on 22-Oct-2024 and a 52 week low of Rs. 1207.20 on 17-Feb-2025.

Last one week high and low of the scrip stood at Rs. 1426.00 and Rs. 1361.85 respectively. The current market cap of the company is Rs. 71443.44 crore.

The promoters holding in the company stood at 51.09%, while Institutions and Non-Institutions held 39.68% and 9.24% respectively.

Torrent Power (TPL) has signed a long-term Sales and Purchase Agreement (SPA) with BP Singapore Pte, a subsidiary of global integrated energy company bp, for supply of up to 0.41 MMTPA of LNG from 2027 to 2036. The LNG procured under this agreement will be strategically utilized by TPL, including to operate its 2,730 MW Combined Cycle Gas-Based Power Plants (GBPPs) in India to meet the country’s rising power demand, peak demand periods’ support, and balancing the Renewables. It will also support the Torrent Group’s City Gas Distribution (CGD) arm - Torrent Gas’ (TGL), growing requirement of LNG to ensure reliable supply of gas for households, commercial and industrial consumers and CNG vehicles.

This agreement represents a significant strategic move, reaffirming Torrent’s commitment for clean energy, securing competitively priced LNG for long-term power generation and gas distribution, and contributes to the Government of India's goal of increasing natural gas’s share in the energy mix to around 15% by 2030 as well as strengthening India’s energy security. Taking advantage of softness in LNG prices, TPL along with TGL further intends to explore medium- and long-term LNG procurement in response to the growing demand from its GBPPs and CGD networks respectively, aiming to enhance its portfolio diversity and reliably to meet energy supply needs of customers.

Torrent Power is an integrated utility engaged in the business of power generation, transmission and distribution with operations in the states of Gujarat, Maharashtra and Uttar Pradesh.