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After GVK, Nabha Power Plant sold off

The supercritical thermal plant, located near Rajpura in Punjab, has been under discussion for a long time.

The supercritical thermal plant, located near Rajpura in Punjab, has been under discussion for a long time. Torrent Power has claimed that this will increase its power generation capacity.The supercritical thermal plant, located near Rajpura in Punjab, has been under discussion for a long time. Torrent Power has claimed that this will increase its power generation capacity.

After the sale of GVK thermal plant in Sri Goindwal Sahib, Larsen & Toubro’s Nabha power plant in Rajpura has also been divested. Power major Torrent Power will acquire it for Rs 6,889 crore.
L&T announced on Monday that its wholly owned subsidiary, L&T Power Development Ltd (LTPDL), has agreed to sell 100 per cent of the equity and convertible instruments in Nabha Power Ltd to Torrent Power Ltd. The transaction is subject to customary regulatory approvals.

Nabha Power Ltd is a wholly-owned subsidiary of LTPDL and operates a 1400 MW (2×700 MW) supercritical coal-fired thermal power plant at Rajpura in Patiala district, Punjab. Commissioned in 2014 under the Government of India’s Case II Competitive Bidding Guidelines, the plant functions under a 25-year Power Purchase Agreement and has established itself as a stable and efficient electricity producer in the region.

The supercritical thermal plant, located near Rajpura in Punjab, has been under discussion for a long time. Torrent Power has claimed that this will increase its power generation capacity. Currently, the company’s operating capacity is 5 gigawatts, which will increase to 6.4 gigawatts after the completion of this transaction.

An official communication stated that Nabha Power has performed well over the past few years. The the plant generated revenue of Rs 4,866 crore in the 2024-25 fiscal year. The plant’s efficiency can be gauged from the fact that its ‘plant availability’ has been 95.36 per cent.

Previously, another private sector company, the GVK thermal plant, located in Punjab, with a production capacity of 540 MW, was acquired by the PSPCL. After 2007, three thermal power plants were established in Punjab: Talwandi Sabo thermal plant of 1980 MW, the GVK thermal plant in Goindwal Sahib of 540 MW, and the third, the L&T thermal plant in Rajpura of 1320 MW.

Kanchan Vasdev is a Senior Assistant Editor in The Indian Express’ Punjab bureau. She is a highly experienced journalist with 22 years of expertise covering high-stakes politics, governance, and social issues in Northern India. Professional Background Role: Primary reporter covering the Punjab Chief Minister’s Office (CMO), government policies, and the Aam Aadmi Party (AAP) leadership in the state. Experience: She previously worked with The Tribune and has played a key role in launching various city editions. Special Projects: Abandoned Brides: Authored a monograph on brides abandoned by NRIs as part of the Prabha Dutt Memorial Fellowship. Environment: Worked as a Centre for Science and Environment (CSE) fellow, focusing on the pollution levels in the Satluj river. Recent Notable Articles (Late 2025) Her recent reporting focuses on the legislative strategies and political maneuvers of the Bhagwant Mann-led Punjab government: 1. Legislative & Governance Standoffs "Punjab govt advances special Assembly session to pass resolution against VB-G RAM G Bill" (Dec 20, 2025): Reporting on the state's move to block the Centre's "Viksit Bharat" mission, which the state claims will undermine MGNREGA. "Punjab govt doubles down on special sessions, sixth in January" (Dec 19, 2025): Detailing the AAP government's use of special sessions as a legislative tool amid tensions with the Governor. "Punjab asks 'VIP teachers' working near Chandigarh to go back to border districts" (Dec 16, 2025): Reporting on CM Mann's move to end the practice of influential teachers avoiding postings in remote areas. 2. Political Analysis & Rural Polls "Punjab rural polls: Why Akalis are likened to dinosaurs in Punjab" (Dec 19, 2025): Analyzing CM Bhagwant Mann's rhetoric against the Shiromani Akali Dal (SAD) following local body elections. "AAP claims win in 78% Punjab zila parishads as counting continues" (Dec 18, 2025): Breaking down the results of the 2025 rural elections. "Rahul Gandhi and Sidhu alike, says Bhagwant Mann" (Dec 13, 2025): Covering the CM's critique of the Congress leadership. 3. Law Enforcement & Bureaucracy "Suspended Punjab IPS officer Ravjot Kaur Grewal awaits reinstatement" (Dec 10, 2025): Investigative reporting on the bureaucratic red tape involving the Election Commission and the state government. "Punjab declines to give parole to Amritpal Singh" (Nov 27, 2025): Detailing the state government's refusal to grant parole to the radical preacher and sitting MP. 4. Welfare & Economy "Punjab government's plan to add more freebies to 'atta-dal' scheme hits funds roadblock" (Dec 4, 2024): An analysis of the fiscal challenges facing the state's flagship food security program. "Mann leads Punjab delegation to Japan and South Korea for investor outreach" (Dec 2, 2025). Signature Beat Kanchan Vasdev is known for her insider access to Punjab's political executive. Her writing provides deep insights into how state policies are formulated and the friction points between the state government and central authorities. Her dual expertise in environment and law allows her to report on complex issues like the "Farmhouse Policy" (Dec 18, 2025) and river pollution with a unique policy-oriented lens. X (Twitter): @kanchan99 ... Read More

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