Acquisition History / Torrent Power Ltd / Nabha Power Ltd
Torrent Power Ltd Acquires Nabha Power Ltd
Announced June 25, 2026 — $410.5M
What happened
Torrent Power completed the acquisition of 100% of the equity and convertible instruments of Nabha Power from L&T Power Development for Rs 3,632.35 crore after closing adjustments. The purchase followed a securities purchase agreement earlier in 2026 and CCI approval. Nabha Power operates a coal-fired generating station in Punjab.
- Acquirer
- Torrent Power Ltd
- Target
- Nabha Power Ltd
- Announced
- June 25, 2026
- Price
- $410.5M
- Industry
- Thermal power generation
- Buyer type
- Strategic acquirer
- Backing investors
- Larsen & Toubro (seller)
- Status
- Closed
By the numbers
Frequently Asked Questions About This Acquisition
When did Torrent Power Ltd acquire Nabha Power Ltd?
Torrent Power Ltd acquired Nabha Power Ltd on June 25, 2026. This was Torrent Power Ltd's 1st publicly tracked acquisition out of 1 we have on record.
How much did Torrent Power Ltd pay for Nabha Power Ltd?
Torrent Power Ltd paid $410.5M for Nabha Power Ltd.
What does Nabha Power Ltd do?
Torrent Power completed the acquisition of 100% of the equity and convertible instruments of Nabha Power from L&T Power Development for Rs 3,632.35 crore after closing adjustments. The purchase followed a securities purchase agreement earlier in 2026 and CCI approval. Nabha Power operates a coal-fired generating station in Punjab.
What other Thermal power generation companies has Torrent Power Ltd acquired?
Nabha Power Ltd is Torrent Power Ltd's only publicly tracked acquisition in Thermal power generation so far.
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