Torrent Power Taps Japan’s JERA for Long-Term LNG Supply Deal

In a move to boost fuel security and diversify its energy mix, Torrent Power Ltd has signed a decade-long LNG supply pact with Japan’s JERA Co., one of the world’s leading power utilities. Under the agreement, JERA will deliver four LNG cargoes per year to India starting in 2027.

The supplies will be delivered on a “delivered ex-ship” (DES) basis, meaning JERA will manage shipment logistics and ensure delivery at Torrent’s receiving terminals. The deal underscores Torrent’s push to secure stable LNG sources amid rising domestic power demand and fluctuating spot gas prices. For JERA, the partnership marks deeper engagement with India’s growing energy sector, which is seeking steady LNG imports to support low-emission power generation.

Key Highlights:

Parties involved: Torrent Power Ltd (India) and JERA Co. Inc. (Japan).

Duration: 10 years, beginning 2027.

Volume: Four LNG cargoes per year.

Delivery terms: Delivered ex-ship (DES) basis.

Strategic impact: Enhances Torrent’s fuel security and energy diversification.

Broader context: Strengthens Indo-Japanese cooperation in clean and reliable energy supply.

Source: Company filings and Reuters report.