Torrent Power Shares Jump 3.5% as Company Bags ₹22,000 Crore Madhya Pradesh Project

Mumbai, September 1, 2025: There was a noticeable surge in the shares of (NSE: TORNTPOWER, BSE: 532779) as they jumped by 3.53% to ₹1,270.60 during the first trading hour on Monday. The rally is attributable to the company’s ₹ 22,000 crore investment in setting up a 1600 MW ultra-supercritical thermal power plant in MP. This is by far the largest investment in the power sector that the company has made. The plant will have a 25-year PPA (Power Purchase Agreement) with the MPPMCL (Madhya Pradesh Power Management Company Limited)

Torrent Power is a leading integrated power utility in India, engaged in the generation, transmission, and distribution of electricity across multiple states. The company operates a diversified portfolio of thermal, gas-based, and renewable power projects, serving over 4 million customers.

₹22,000 Crore Ultra-Supercritical Thermal Project with 25-Year PPA Sparks Revenue Visibility of ₹6,500 Crore Annually

Torrent Power’s share price rose 3.53% to ₹1,270.60 from the previous close of ₹1,227.30, trading within a range of ₹1,260.50–₹1,311.90. The stock recorded a traded volume of 9.72 lakh shares and a traded value of ₹124.31 crore. With a market cap of ₹64,041.10 crore and a free float market cap of ₹23,940.80 crore, the stock’s P/E ratio stood at 22.06. It remains near its 52-week low of ₹1,207.25, far below the high of ₹2,037.

Torrent Power’s Locked-In Capacity Set to Reach 9.6 GW as Project Completion in 72 Months to Add 8,000 Jobs

As the company announced its biggest-ever investment in the power sector, investor sentiment turned positive due to a variety of factors. First, the total tenure of the PPA is 25 years, providing massive revenue visibility of approximately ₹6500 crore annually. The project is expected to be completed within 72 months and is anticipated to generate more than 8,000 jobs during the construction process. Upon completion, the company’s power generation portfolio will be significantly enhanced, increasing the total locked-in capacity to 9.6 GW.

Torrent Power’s ₹22,000 crore Madhya Pradesh project has boosted share momentum with 3.5% gains, underpinned by a 25-year PPA ensuring ₹6,500 crore annual revenue visibility. The expansion to 9.6 GW capacity and 8,000 job creation highlight sectoral growth triggers.

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