Torrent Power has secured approval from the Competition Commission of India (CCI) for its acquisition of Nabha Power Limited. The approval, received on April 7, 2026, allows Torrent Power to acquire 100% of the equity stake and convertible instruments of Nabha Power from L&T Power Development Limited.
This development follows an earlier intimation by Torrent Power, dated February 16, 2026, regarding the acquisition process. The CCI’s communication was received at 6:14 pm, confirming the regulatory nod for the transaction. The official order from the CCI regarding this approval is expected to follow.
The acquisition of Nabha Power is a significant move for Torrent Power as it expands its footprint in the power sector. Nabha Power, a subsidiary of L&T Power Development, operates in the energy generation space, and this acquisition aligns with Torrent Power’s strategic growth plans.
This approval marks a crucial step in Torrent Power’s acquisition process, ensuring compliance with regulatory requirements and enabling the company to proceed with the transaction.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).