Last Updated : Tuesday, June 25, 2019 18:30:33

Gujarat State Electricity Regulator nods Torrent’s power procurement plea

AHMEDABAD-GANDHINAGAR | MUMBAI | RAJKOT – In a regulatory filing submitted to the Indian Stock Exchanges, Ahmedabad headquartered Torrent Power Ltd said of having got approval from state electricity regulator for procurement arrangement of 278 MW power from the company’s UNOSUGEN power plant and its licensed power distribution business for the cities of Ahmedabad, Gandhinagar and Surat.

Regulatory filing submitted to the Indian Bourses by the company said that, GERC (Gujarat Electricity Regulatory Commission) vide its Order reference 1322 of 2013 dated 19th June 2019, approved the power procurement arrangement of 278 MW between the Company’s UNOSUGEN Power Plant (capacity of 382.5 MW) and its Licensed Distribution Business for cities of Ahmedabad , Gandhinagar and Surat.

The approval, with certain stipulations, is for the balance life of the plant i.e. 19 years.

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