Torrent Power Ltd to procure LNG from JERA Co., Inc.

Torrent Power Ltd has signed a long-term sale and purchase agreement (SPA) with Jera Co., Inc., Japan’s largest power generation company, for the supply of up to 0.27 MMTPA (million metric tonnes per annum) of liquefied natural gas (LNG) or four LNG cargoes annually, for a period of 10 years starting from 2027.

The LNG procured under this agreement will be strategically utilized by Torrent Power Ltd (TPL), including to operate its 2,730 MW combined cycle gas-based power plants (GBPPs) in India to meet the country’s rising power demand, peak demand periods’ support,