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Torrent Power acquires Wind Two Renergy for Rs 32.51 crore

01 Aug 2022 Evaluate

Torrent Power has acquired 3,25,10,000 equity shares of Wind Two Renergy (WTRPL) at a face value of Rs 10 each aggregating to Rs 32.51 crore representing 100% of paid-up capital of WTRPL from lnox Green Energy Services (formerly known as lnox Wind Infrastructure Services) (the seller). This acquisition supports the company's focus area of sustainable growth through renewable energy.

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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