Torrent Power Ltd has entered into a long-term Sale and Purchase Agreement with JERA Co., Inc., Japan’s largest power producer and a major global force in the LNG value chain. Under this agreement, JERA will supply up to 0.27 MMTPA of LNG to Torrent Power for ten years, beginning in 2027. The deal comes at a crucial time when India’s power needs are rising steadily and energy planners are pushing for cleaner, more reliable fuel sources.
The LNG secured through this partnership will play a central role in running Torrent Power’s 2,730 MW combined-cycle gas-based power plants across India. These plants help support the country during peak electricity demand and are increasingly important in balancing renewable energy, especially as solar and wind generation continue to expand. The arrangement also benefits the Torrent Group’s city gas distribution arm, Torrent Gas Ltd., which relies on LNG to serve households, industries, commercial users and the growing CNG vehicle ecosystem with uninterrupted gas supply.
Torrent Power’s leadership has positioned this agreement as a forward-looking step that reflects the company’s commitment to cleaner energy solutions. With the government aiming to raise the share of natural gas to around 15 percent of India’s total energy mix by 2030, securing long-term LNG at competitive prices is becoming essential. This deal not only helps the company stabilise its long-term fuel costs but also contributes to strengthening India’s broader energy security.