Torrent Power has announced its commitment to invest over Rs.64,000 crore in building capacities for green energy. At the RE-Invest event in Gandhinagar, Gujarat, the company pledged to achieve 10 GW of installed renewable energy capacity by 2030 with an investment of Rs.57,000 crore, creating employment for around 25,000 individuals. Additionally, Torrent Power signed a memorandum of understanding (MoU) with the Gujarat government to develop a 5 GW solar, wind, or hybrid project in Dwarka district. The company also submitted a promissory deed for a 1,00,000-KTPA green ammonia production facility with an investment of Rs.7,200 crore, aiming to generate employment for approximately 1,000 people. Recognizing the importance of green hydrogen in achieving net-zero emissions and decarbonizing hard-to-abate sectors, Torrent Power is actively pursuing opportunities in green hydrogen and green ammonia production for both export and domestic markets. Moreover, Torrent Power has identified Pumped Storage Project sites across multiple states for a 5-8 GW capacity, requiring an investment ranging from Rs.25,000 to Rs.35,000 crore. This development aligns with the increasing need for energy storage solutions to ensure reliable renewable energy power in the face of growing solar and wind energy generation.