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Torrent Power planning to increase renewable energy portfolio

18 Jul 2022 Evaluate

Torrent Power is planning to increase its renewable energy portfolio through acquisition of existing projects and is also looking for new opportunities in transmission and distribution sectors. At present the company is not developing any coal or gas-based power project. The under-development solar capacity is 400MW, while under-construction wind capacity is 415 MW.

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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