Torrent Power has filed its Business Responsibility and Sustainability Report (BRSR) for FY 2025-26, reporting a reduction of 0.64 million metric tonnes of CO2 equivalent in Scope 1 and Scope 2 emissions. The Company achieved this reduction through renewable energy expansion and energy conservation measures, while 75.10% of its capital expenditure was invested in technologies to improve environmental and social impacts. The report, assured by Grant Thornton Bharat LLP, forms part of the Integrated Annual Report for the year ended March 31, 2026.

ESG Performance and Assurance

The BRSR covers the Company and its subsidiaries on a consolidated basis. Grant Thornton Bharat LLP provided reasonable assurance for the core attributes of the report and limited assurance for other indicators. The Company identified material sustainability topics through a Double Materiality Assessment, including climate adaptation strategy and energy management, which it classified as opportunities and risks respectively. The CSR & Sustainability Committee reviews progress against these strategic commitments.

Environmental Metrics

Total energy consumed from renewable sources was 13,505 Giga Joules (GJ), while energy from non-renewable sources stood at 5,69,82,580 GJ. The Company achieved Zero Liquid Discharge across 100% of its generation units. Air emissions included 5,624 MT of NOx and 18,324 MT of SOx. The total Scope 1 and Scope 2 emissions were 12.01 million metric tonnes of CO2 equivalent. The Company also commissioned a 2.4 MW solar plant at SUGEN and facilitated 245.82 MW of rooftop solar under the PM Surya Ghar Yojana.

Social and Governance Highlights

The Company reported 8,304 permanent employees and 16,277 workers. Women comprised 22.22% of the Board of Directors. The Company spent 0.11% of its total revenue on employee and worker well-being measures. There were no fatalities reported during the year, and the Lost Time Injury Frequency Rate (LTIFR) was 0.13. The Company maintained an anti-corruption policy and conducted 701 training programmes for employees on various principles, achieving 74% coverage for workers.

Stakeholder Engagement

Torrent Power engaged with key stakeholder groups including shareholders, government regulators, employees, suppliers, customers, and communities. The Company addressed 53 customer complaints, with 25 pending at the close of the year. It also received 84 complaints from shareholders, with 57 pending resolution. The Company follows ISO 27001:2022 standards for cybersecurity and data privacy.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE813H01021/6ad30ca3-f236-4d4b-a1f9-98be6d2dbc85.pdf

Torrent Power has completed the acquisition of 100% equity shares and convertible instruments of Nabha Power Limited for a total consideration of ₹3632.35 crore. The transaction was executed against L&T Power Development Limited following the receipt of approval from the Competition Commission of India. Consequently, Nabha Power has become a wholly owned subsidiary of the company effective June 25, 2026.

The acquisition marks the conclusion of the process initiated with the execution of the Securities Purchase Agreement. The total consideration of ₹3632.35 crore was paid consequent to closing adjustments. This strategic move expands Torrent Power's operational footprint by integrating Nabha Power entirely into its portfolio.

Transaction Details

The deal involved the purchase of the entire equity stake along with convertible instruments. The completion of this acquisition was disclosed to the exchanges pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Regulatory Approvals

The acquisition process required clearance from the Competition Commission of India, which was obtained prior to the closing of the transaction. Torrent Power had previously intimated the exchanges regarding the execution of the agreement and the receipt of this regulatory approval on February 16, 2026, and April 08, 2026, respectively.