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Torrent Power enters into MoU with Department of Energy & Petrochemicals

04 Jan 2024 Evaluate

Torrent Power has entered into a Memorandum of Understanding (MoU) of Rs 47,350 crore with Department of Energy & Petrochemicals, Government of Gujarat on January 3, 2024 as part of Investment Promotion Activity for Vibrant Gujarat Global Summit 2024 for establishment of 3,450 MW of Solar Power Projects, 1,045 of Hybrid Power Projects, associated infrastructure for 7,000 MW Solar project, Green Hydrogen / Green Ammonia Production Facility and Capex for Distribution network.

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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