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Torrent Power raises Rs 100 crore via NCDs

20 Mar 2020 Evaluate

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.

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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