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| Company type | Public |
|---|---|
| ISIN | INE813H01021 |
| Industry | Energy |
| Founded | 1996; 30 years ago (1996) |
| Headquarters | Ahmedabad,Gujarat, India |
Key people |
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| Products | Sale and distribution,electricity generation anddistribution,wind power,energy trading |
| Revenue |  ₹34,425 crore (US$4.1 billion) (FY 2025) |
| ₹5,810 crore (US$690 million) (FY 2025) | |
| ₹3,059 crore (US$360 million) (FY 2025) | |
Number of employees | 8,000 (2024)[1] |
| Parent | Torrent Group |
| Website | www |
Torrent Power is an Indian energy and power company, having interests inpower generation,transmission,distribution and the manufacturing and supply ofpower cables.[2] The company distributes power to over 38.5 lakh customers annually in its distribution areas ofAhmedabad,Gandhinagar,Surat,Dahej SEZ andDholera Special Investment Region inGujarat;Dadra and Nagar Haveli and Daman and Diu UT;Bhiwandi,Shil,Mumbra andKalwa areas ofMumbai Metropolitan Region inMaharashtra andAgra inUttar Pradesh;[3] The T&D losses in license areas of the company is amongst the lowest in the country.[4]
Torrent Group took over and successfully turned around an ailing power cable company Mahendra Electricals,[5] renaming it as 'Torrent Cables Ltd.' (now merged with Torrent Power w.e.f. 1 April 2014). The high points of Torrent's foray into power however were the acquisitions of two of India's oldest utilities – The Surat Electricity Company Ltd and The Ahmedabad Electricity Company Ltd. In 1997, the company completed its acquisition of the Ahmedabad Electricity Company by purchasing the entire 28.89% stake held by the Gujarat government.[6] This acquisition formed what was then known as Torrent Power AEC Limited. Similarly, Torrent Power SEC Limited was formed after acquiring the Surat Electricity Company in the same deal. Torrent turned them into first-rate power utilities, in terms of operational efficiencies and reliability of power supply.
In 2005, the parent company,Torrent Group floated the company Torrent Power Generation to further expand into the power business. In 2006, the three power-related companies ofTorrent Group, Torrent Power AEC Ltd, Torrent Power SEC Ltd, and Torrent Power Generation Ltd were merged to form Torrent Power.[7]Torrent Power created history by entering into the country's first distribution franchisee agreement withMaharashtra State Electricity Distribution Company Limited for Bhiwandi Circle in December 2006. In 2009 it was awarded the distribution franchise forAgra inUttar Pradesh. During FY 19 the Company was awarded a distribution license forDholera Special Investment Region (inGujarat) and distribution franchise for Shil, Mumbra & Kalwa (SMK) area inMumbai Metropolitan Region ofMaharashtra.
Torrent Power has an aggregate generating capacity of 5,039 MW with a unique mix ofcoal based,gas based, andrenewable power plants comprising:
Torrent Power operates 400 kV double circuit transmission lines implemented by it, for evacuating power generated at SUGEN and DGEN plant to various off-take centres.
The company distributes power to over 3.85 million customers annually in its distribution areas ofAhmedabad,Gandhinagar,Surat,Dahej SEZ andDholera SIR inGujarat;Dadra and Nagar Haveli and Daman and Diu UT;Bhiwandi,Shil,Mumbra andKalwa areas ofMumbai Metropolitan Region inMaharashtra; andAgra inUttar Pradesh.The T&D losses in license areas of the company is amongst the lowest in the country. The T&D losses in Gujarat at 6.54% is amongst the lowest in the country. Torrent Power has managed reduction in AT&C losses inBhiwandi from 58% at the time of takeover to 14.90% in FY 2018–19, and from 58.77% at the time of takeover to 16.11% in FY 2018-19 inAgra.
The Cables Unit manufactures Power & Control Cables and is one of the market leaders in HT Power Cable segment with a manufacturing capability of up to 132 kV XLPE Cables.
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