Torrent Power Subsidiary Exits 300 MW SECI Wind Agreement
A subsidiary of Torrent Power has cancelled a 300 MW wind power agreement with the Solar Energy Corporation of India (SECI), incurring damages of Rs 39.78 crore in the process. The development was reported on 7 October 2026 by Sahi. No further details regarding the cause of cancellation or the specific subsidiary involved were available at the time of reporting.
| Detail | Information |
|---|---|
| Parent Company | Torrent Power |
| Counterparty | Solar Energy Corporation of India (SECI) |
| Agreement Capacity | 300 MW |
| Damages Incurred | Rs 39.78 crore |
| Sub-sector | Wind Based Power |
| Reported Date | 7 October 2026 |
Context: Wind Power Procurement Through SECI
SECI serves as a central procurement agency for large-scale renewable energy capacity in India, routinely conducting tenders and awarding power purchase agreements for wind, solar and hybrid projects. The cancellation of a 300 MW wind agreement represents a notable withdrawal of capacity from a centrally procured tranche. The damages figure of Rs 39.78 crore reported by Sahi reflects contractual obligations typically embedded in SECI power sale agreements to discourage project exits.
Wind Power Pipeline Across India
Projects India tracks 339 wind-based power projects across India, with one added in the last 90 days. Of these, 121 are under approvals, 55 are in planning, 55 have started construction, 84 are completed, eight have received approvals and five are at an early or announced stage. The pipeline reflects sustained developer interest in the sub-sector despite the exit reported above.
Gujarat leads all states with 124 tracked wind projects, followed by Maharashtra with 58, Andhra Pradesh with 42, Karnataka with 36, Tamil Nadu with 25 and Madhya Pradesh with 22. Among recently tracked active projects are a Rs 1,800 crore wind power development by Serentica Renewables India Private Limited at Koppal, Karnataka, currently under construction, and a Rs 944 crore wind-solar hybrid project by AMPIN Energy Utility Private Limited in Rajasthan, also under construction. A Rs 468 crore wind project by KPI Green Energy Limited at Bharuch, Gujarat, is likewise in the construction stage.
What this means for suppliers and contractors
The cancellation of a 300 MW wind agreement by a Torrent Power subsidiary removes a block of capacity from the active procurement pipeline. For turbine suppliers, civil contractors and balance-of-plant vendors that may have been positioning for work linked to this agreement, the exit signals that the associated opportunity will not proceed under its current structure.
However, the broader wind project pipeline tracked by Projects India remains substantial. With 121 projects under approvals and a further 55 in planning, a significant volume of future procurement activity is anticipated. Gujarat, Maharashtra and Andhra Pradesh together account for more than two-thirds of tracked wind projects, making these states the primary geographies for near-term supplier engagement. Contractors and equipment makers active in India's power sector should monitor approvals-stage projects in these states closely, as construction mandates are likely to emerge from this cohort over the coming months.
There are currently no open India tenders recorded in the Power Projects sector on the Projects India platform. Suppliers are advised to monitor the live tenders page for updates as procurement activity resumes. Separately, the full list of tracked wind projects provides geography and stage detail that can assist in prioritising business development efforts.
About the Companies Involved
Torrent Power is an Ahmedabad-headquartered integrated power utility with interests in generation, transmission and distribution. Its subsidiary involved in this agreement was not named in the available reporting. SECI, a Government of India enterprise under the Ministry of New and Renewable Energy, is the nodal agency responsible for implementing large central renewable energy schemes and conducting associated tenders.
Frequently asked questions
Which Torrent Power subsidiary cancelled the SECI wind agreement?
The specific subsidiary of Torrent Power that cancelled the 300 MW SECI wind agreement was not named in the available reporting published on 7 October 2026. Only the parent company, Torrent Power, was identified in the headline.
How much did Torrent Power pay in damages for cancelling the SECI wind deal?
A Torrent Power subsidiary incurred damages of Rs 39.78 crore following the cancellation of its 300 MW wind power agreement with SECI, as reported on 7 October 2026. No further breakdown of this figure was available.
How many wind power projects are active in India right now?
Projects India tracks 339 wind-based power projects across India. Of these, 121 are under approvals, 55 are in planning, and 55 have started construction, with Gujarat, Maharashtra and Andhra Pradesh hosting the largest concentrations of tracked projects.
