Torrent Power has raised Rs 270 crore by issuing non-convertible debentures (NCDs) on private placement basis. The company issued 2,700 non-convertible debentures of Rs 10 lakh each aggregating to Rs 270 crore.
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.