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Torrent Power raises Rs 270 crore via NCDs

15 May 2019 Evaluate

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.

Peers
Company Name CMP
NTPC 327.00
Tata Power 361.00
Adani Power 202.35
Power Grid Corpn. 263.50
Adani Energy Solut. 1350.00
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