Torrent Power has issued and allotted Series 6 - 3,000 Secured, Rated, Listed, Taxable, Non-Cumulative, Redeemable, Non-Convertible Debentures (NCDs) of Rs 300 crore at a coupon rate of 7.30% 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.