Update

October 07, 2026 To, To, Corporate Relationship Department L i s t i n g D e p a r t m e n t , BSE Limited National Stock Exchange of India Limited 14th Floor, P. J. Towers, “Exchange Plaza”, C – 1, Block G Dalal Street, Fort, Bandra- Kurla Complex, Bandra (East), Mumbai-400 001 Mumbai 400 051 SCRIP CODE: 532779 SYMBOL: TORNTPOWER Dear Sir / Madam, Sub: Update on Letter of Award – Long Term Power Purchase Arrangement for 300 MW Wind Power Project received on July 14, 2022 Ref: Disclosure pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”) With reference to the captioned subject and our intimation dated July 14, 2022, we would like to inform you that Torrent Saurya Urja 2 Private Limited, Wholly owned Subsidiary of Torrent Green Energy Private Limited which is also Wholly owned Subsidiary of the Company had entered into long term Power Purchase Agreement (“PPA”) of 300 MW wind power Project with Solar Energy Corporation of India Limited (“SECI”) on May 04, 2023 after receipt of Letter of Award from SECI on July 14, 2022. The Project was materially impacted by Force Majeure events and delays in the readiness of external infrastructure, including transmission connectivity and operationalisation of GNA. SECI took note of the circumstances and had, accordingly, granted extensions to the Scheduled Commercial Operation Date (SCOD). However, the period of extension had progressively extended beyond a reasonable timeframe for implementation of the project under the framework of the PPA, particularly in view of the prevailing circumstances and changed project environment. Accordingly, considering the continued uncertainty regarding the implementation (SCOD) of the project, the 300 MW PPA was terminated. Pursuant to the applicable contractual provisions, liquidated damages of ₹39.78 crore are payable in connection with such termination of the PPA. You are requested to take the same on records. Thanking You. Yours faithfully, For Torrent Power Limited Rahul Shah Company Secretary & Compliance Officer