Torrent Power terminates 300 MW wind power PPA with SECI
1 report, 1 independent
Updated Wed 00:00
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What happened
Torrent Power Limited announced the termination of a 300 MW wind power Power Purchase Agreement with Solar Energy Corporation of India Limited (SECI) on October 7, 2026. The agreement was executed by Torrent Saurya Urja 2 Private Limited, a subsidiary of Torrent Power Limited. The termination followed significant operational obstacles, Force Majeure events, and external infrastructure delays concerning transmission connectivity.
From equitybulls.com
Why it matters
The termination impacts a major 300 MW wind power project that was planned under the PPA framework. The project encountered delays despite SECI granting extensions, leading to the contract's cancellation.
From equitybulls.com