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Torrent Power signs agreement with Benzo Chem Industries, Torrent Urja 10

23 Oct 2023 Evaluate

Torrent Power, Benzo Chem Industries and Torrent Urja 10 (TU10) have signed Share Subscription and Shareholders’ agreement (SSSA) on October 21, 2023. The company has entered into agreement for supply of power under captive scheme by development and setting up upto 3.70 MWp Solar Power Generating Projects for supply of power from renewable energy sources under open access from the Project of TU10 to the production units of Benzo Chem. TU10 is a Wholly Owned Subsidiary of the Company.

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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