Torrent Power has raised Rs 200 crore through Secured, Rated, Listed, Taxable, Non-Cumulative, Redeemable, Non-Convertible Debentures (NCDs) and allotted 2000 NCDs having face value of Rs 10 lakh each at a coupon rate of 8.30% p.a., 8.35% p.a., 8.55% p.a. and 8.65% p.a. vide Series 10A, Series 10B, Series 10C and Series 10D respectively 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.
