Torrent Power to Acquire L&T’s Nabha Power for ₹6,889 Crore

Deal Summary

Torrent Power announced it will acquire L&T’s Nabha Power asset for ₹6,889 crore, adding roughly 1,400 MW of capacity in Punjab. The transaction marks L&T’s exit from the power generation business and expands Torrent Power’s presence in the Indian energy sector.