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Torrent Power raises Rs 300 crore via NCDs

06 Jul 2020 Evaluate
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.
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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