Adani, Torrent land mega coal deals in India’s energy gamble

Torrent builds 1,600 MW, Adani gets 800 MW capacity [https://invezz.com/wp-content/uploads/2025/06/Workers-in-a-coal-mine.png] The Indian state of Madhya Pradesh handed out some massive power plant contracts worth about $3.7 billion, and it’s all going to coal. Adani Power and Torrent Power are splitting up 2,400 MW of new coal capacity, with Torrent getting the bigger piece, a 1,600 MW ultra-supercritical plant, while Adani gets an 800 MW facility. This is part of India’s aggressive plan to add 80 GW of coal power by 2032, which might sound contradictory given all the talk about renewable energy. But the reality is India’s electricity demand is growing so fast that they’re basically saying, “we need everything we can get.” TORRENT, ADANI POWER UP BIG Torrent Power officially got the green light from MP Power Management Company to build that massive 1,600 MW coal plant. They’re putting up about $2.5 billion to build this thing from scratch, using two 800 MW ultra-supercritical units. The deal is pretty straightforward: Torrent will sell all the power exclusively to MPPMCL for 25 years at Rs 5.829 per kilowatt-hour. That’s a…