Torrent Power Ltd (TPL) has entered into a long-term Sale and Purchase Agreement with JERA Co., Inc.—Japan’s largest power producer and a major global LNG player—for the supply of up to 0.27 MMTPA of LNG over a 10-year period starting in 2027.

TPL plans to utilize the LNG for its 2,730 MW combined cycle gas-based power plants in India, helping meet rising electricity demand, support peak load requirements and balance renewable energy generation. The supply will also benefit Torrent Gas Ltd (TGL), the group’s city gas distribution business, ensuring reliable gas availability for households, commercial and industrial consumers, as well as CNG mobility.

The agreement reflects Torrent’s focus on clean energy, securing cost-competitive long-term LNG supplies, supporting India’s energy transition goals, and contributing towards the government’s vision of increasing natural gas’s share in the energy mix to around 15% by 2030.

With LNG prices currently soft, TPL and TGL may further explore additional medium- and long-term LNG procurement opportunities to diversify their portfolio and reliably meet future energy needs.