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Torrent Power incorporates wholly owned subsidiary

31 Jul 2024 Evaluate

Torrent Power has incorporated a wholly owned subsidiary namely ‘Torrent Urja 18’. The company has received Certificate of Incorporation on July 30, 2024. Torrent Urja 18 is incorporated with object to carry on the business of manufacture, process, produce, assemble, alter, purchase, refine, treat, reduce, distil, blend, purify, store, hold, transport, use, experiment with, supply, sell, import, export, trade and generally deal in hydrogen, its byproducts and/or its derivatives like ammonia, chemicals, compressed natural gas and mineral substances and Generation, transmission, distribution, purchase, procurement, sale, trading, import, export, storage of power, Hydrogen and/or its derivatives like ammonia or otherwise deal in all forms of non-conventional, renewable, green, hydro power, or any other sources of energy including electrical power and energy in all aspects.

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 329.35
Tata Power 362.35
Adani Power 203.75
Power Grid Corpn. 264.30
Adani Energy Solut. 1356.00
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