Torrent Power to acquire Nabha Power for 760 million dollars
Torrent Power announced on Monday that it will acquire Nabha Power from a unit of Larsen & Toubro. The deal is valued at approximately 760 million dollars.
Insights:
Torrent Power Limited has entered into a deal today, February 16, 2026, to acquire Nabha Power Ltd from a unit of Larsen & Toubro Limited for an enterprise value of 68.89 billion rupees. This transaction, valued at approximately $759.48 million, is a sizeable corporate acquisition taking place in India 
IN that is expected to materially affect the operations and valuation of the companies involved.
IN that is expected to materially affect the operations and valuation of the companies involved.The deal is a significant event-driven development, with the primary trigger being the agreement by Torrent Power to purchase Nabha Power Ltd. As a material M&A transaction, it represents a substantial shift in the company-level operations for both the buyer and the seller. The acquisition highlights the scale of investment within the Indian energy sector.
