Torrent Power and its subsidiaries win gas allocations

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Capital Market
Last Updated : Sep 18 2015 | 7:28 PM IST

For 6 months period from 01 October 2015

Torrent Power announced that SUGEN Mega CCPP (capacity 1147.5 MW), UNOSUGEN CCPP (capacity 382.5 MW) of Torrent Power and DGEN Mega CCPP of Torrent Power's wholly owned subsidiary, Torrent Energy (capacity 1200 MW) have been awarded letter of award for allocation of gas covering a period of 6 months from 01 October 2015 to 31 March 2016. These plants emerged as successful bidders through highly competitive and transparent online reverse auction process organised by Ministry of Power.

The award will enable SUGEN project to run on an average atleast approx. 35% PLF from the base level of approx. 25.60%, while it will also enable UNOSUGEN and DGEN projects to run on an average atleast approx. 25.5% PLF.

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First Published: Sep 18 2015 | 6:27 PM IST

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