Torrent Power has received official clearance from the Competition Commission of India (CCI) to acquire 100% equity stake and convertible instruments in Nabha Power Limited. The approval, granted on April 07, 2026, marks a significant milestone in the company’s strategic growth plans as it works to finalize the transfer of the power asset from L&T Power Development Limited.
Strategic Asset Acquisition
Torrent Power is set to expand its energy portfolio with the acquisition of 100% of the equity stake and convertible instruments of Nabha Power Limited. This move follows an earlier intimation provided by the company on February 16, 2026, regarding the intent to purchase the power entity from L&T Power Development Limited.
Regulatory Milestone
The transaction has reached a critical stage with the receipt of communication from the Competition Commission of India (CCI) on April 07, 2026, at 06:14 pm. The regulatory body has formally approved the proposed acquisition. The company is currently awaiting the formal order from the commission to finalize the next steps of the deal.
Future Outlook
By bringing Nabha Power Limited under its umbrella, Torrent Power continues to strengthen its footprint in the Indian power sector. This acquisition is part of the company’s ongoing efforts to enhance its generation capacity and diversify its existing operational asset base.
Source: BSE
