Torrent Power has entered into Share Purchase Agreement (SPA) and Shareholders Agreement (SHA) for purchase of 51% Equity Share Capital of Dadra and Nagar Haveli and Daman and Diu Power Distribution Corporation (the SPV) from the Holding Entity. This purchase of Equity Shares supports the Company’s focus area of licensed and franchised power distribution business with diverse consumer base.
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.
