Torrent Power inks deal with L&T to buy Nabha Power for ₹6,889 Cr; here's detailTorrent Power inks deal with L&T to buy Nabha Power for ₹6,889 Cr; here's detail

Introduction

Leading power utility acquired 100% equity and convertible instruments of Nabha Power for INR 6,889 Crores, increasing operational capacity from 5 GW to 6.4 GW.

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Share price movement of Torrent Power

On February 16, 2026, Torrent Power Ltd opened at ₹1,435.25, down 1.90% from its previous close of ₹1,463.25. The stock reached a high of ₹1,476.90 (0.94%) and a low of ₹1,435.25 (-1.90%). By 3:03 PM, it traded at ₹1,473.80, a 0.72% increase, with a market cap of ₹74,265.30 crore.

Torrent Power Acquires Nabha Plant

Torrent Power Limited has signed an agreement to acquire 100% equity and convertible instruments of Nabha Power Limited from L&T Power Development for an enterprise value of INR 6,889 Crores.

Nabha Power Limited is a fully contracted thermal power plant with FY25 revenue of INR 4,866 Crores and adjusted EBITDA of INR 1,153 Crores, using advanced Japanese supercritical technology.

The acquisition will increase Torrent’s operational capacity from 5 GW to 6.4 GW. It adds technical expertise, supports expansion, and strengthens Torrent’s greenfield thermal power development strategy.

Stock performance of Torrent Power for period of 1 week, 6 months, and 1 year

Torrent Power Ltd delivered a 2.48% return over the past week, gained 13.8% in the past 6 months, and rose 18.2% over the past 1 year.

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Shareholding pattern of Torrent Power

Particulars	Dec 2025	Sep 2025	Jun 2025
Promoter	51.10%	51.10%	51.10%
FII	8.30%	8.80%	9.80%
DII	31.10%	30.50%	29.80%
Public	10%	9.60%	9%

About Torrent Power

Torrent Power Ltd (TORNTPOWER) is an integrated power utility in India, operating across generation, transmission, and distribution in Gujarat, Maharashtra, Uttar Pradesh, and Karnataka.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

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