Torrent Power has raised Rs 250 crore through Secured, Rated, Listed, Taxable, Non-Cumulative, Redeemable, Non-Convertible Debentures (NCDs) and allotted 2,500 NCDs of Rs 10 lakh each 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.