Japan’s largest power generation company, JERA, has signed a 10-year liquefied natural gas (LNG) sale and purchase agreement with Torrent Power, one of India’s leading integrated power utilities, according to a statement by JERA.

The deal, which begins in 2027, marks JERA’s first long-term contract to supply cargoes outside of Japan, signifying a major step in its global expansion strategy.​

Under the agreement, JERA will deliver approximately 270,000 tonnes of LNG annually, comprising four cargoes per year, on a Delivered Ex-Ship (DES) basis from its global portfolio.

The deal capitalizes on complementary seasonal demand patterns between the two nations: India’s demand often peaks during periods when Japanese consumption softens, allowing JERA to optimize its fleet operations and enhance supply stability in both markets.

Torrent Power will utilize the fuel to operate its 2,730 MW gas-based power plants in India, helping to meet rising electricity demand, support peak load requirements, and balance intermittent renewable energy output.

Additionally, the supply will support Torrent Group’s city gas subsidiary, Torrent Gas, ensuring reliable energy for households, businesses, industries, and Compressed Natural Gas (CNG) vehicles.

JERA, a joint venture formed in 2015 between Tokyo Electric Power Company (TEPCO) and Chubu Electric, is one of the world’s largest buyers and traders of LNG. It manages a vast global portfolio of LNG, coal, and renewables, operating power plants and fuel trading businesses across Asia, Europe, and the Americas.​