The announcement comes at a time when Torrent Power's shares are trading near their 52-week low of ₹1,207.25, closing at ₹1,238.90 on August 29, 2025, down 0.75% on the day. The company's stock has shed almost 40% from its October 2024 peak of ₹2,037, with investors weighing the balance between its clean energy ambitions and the ESG baggage of expanding coal capacity. Representative image of a coal-based power plant, reflecting Torrent Power's ₹22,000 crore ultra-supercritical project in Madhya Pradesh and India's evolving power sector mix.