Torrent Power has raised Rs 100 crore and allotted series 5 - 1000 Listed, Rated, Secured, Taxable, Redeemable, Non-Cumulative, Non-Convertible Debentures (NCDs) at a coupon rate of 7.65% p.a. on private placement basis.
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.