Wind Two Renergy was incorporated on April 20, 2017, with the objective of electricity generation from renewable energy. The company's turnover in FY 2021-22 was ₹350.1 million (~$4.41 million). In July, Torrent Power received the letter of award (LoA) from the Solar Energy Corporation of India for the long-term PPA for a 300 MW wind power project in Karnataka. The was issued in response to a bid invited by SECI for 1,200 MW inter-state transmission connected wind power projects (Tranche -XII). The company won the capacity by quoting ₹2.94 (~$0.0379)/kWh. In April this year, Torrent Power signed a share purchase agreement to acquire a 100% stake in the special purpose vehicle (SPV) operating a 50 MW solar project in Telangana. The agreement was signed with SkyPower Southeast Asia III investments and SkyPower Southeast Asia Holdings 2, which owned the SPV – Sunshakti Solar Power Projects.