India's Torrent Power slips after termination of 300MW wind power agreement
08/10/2026 07:25
BUZZ-India's Torrent Power slips after termination of 300MW wind power agreement ** Shares of India's Torrent Power TOPO.NS fall as much as 2.5% to 1,205.40 rupees; stock last down 2.1%
** Electric utilities co's 300MW wind power purchase agreement terminated due to implementation delays
** Co says delays in external infrastructure, including issues in transmission, grid connectivity and other factors beyond its control, affected project execution timeline
** Stock rated "hold" by 11 analysts on avg, with median PT of 1,413 rupees - data compiled by LSEG
** Stock down 7.39% YTD
(Reporting by Anushka Rajvedi in Bengaluru)
((mailto: anushka.rajvedi@thomsonreuters.com))
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