Torrent Power has entered into a contract with Siemens Gamesa Renewable Power for setting up of Wind Power Projects up to the aggregate capacity of 120 MW. The arrangement includes acquiring of the 100% share capital of the two SPVs established for the purpose of development and implementation of the said projects at Rs 1,00,000 each from Siemens Gamesa Renewable Power.
Torrent Power is an integrated utility engaged in the business of power generation, transmission and distribution with operations in the states of Gujarat, Maharashtra and Uttar Pradesh.
