Torrent Group's Torrent Power Ltd (TPL) has announced that it will invest Rs. 6,000 crore in its Dahej plant. The Rs 18,600-crore Torrent Group is country's leading power generator. It has decided to set up a 1,200 MW gas-based power plant at Dahej, Bharuch district.

The company is keen on such invest to meet the high demand of Petroleum, Chemicals and Petrochemicals Investment Regions (PCPIR) in near future.

ONGC Petro-additions Ltd. (OPAL) has been incorporated with the power major ONGC, GAIL, and Gujarat State Petroleum Corporation Ltd. to set up the Dahej Special Economic Zone (SEZ) as part of the PCPIR. ONGC being the promoter have the major 26% of stake in the SEZ while GAIL and Gujarat State Petroleum Corporation Ltd. hold 19% and 5% respectively. Now Torrent Group has also invested in this project.

Torrent Power Ltd (TPL) has been designated as co-developer of the SEZ for power generation and distribution infrastructure. It has also set up Torrent Energy Ltd (TEL) which is a 100% subsidiary of the company.