Torrent Power signs 10-year LNG deal with Japan’s JERA

Torrent Power has inked a pact with Japanese firm JERA to get a supply of up to 0.27 MMTPA of LNG for 10 years, starting from 2027.

The company said in its regulatory filing that the LNG procured under this agreement will be strategically utilised to operate its 2,730 MW combined cycle gas-based power plants across India. The company also noted that the gas supply will help it meet rising electricity demand, support peak-hour requirements and balance renewable energy generation.