Torrent Power’s subsidiary -- Torrent Green Energy (TGEPL) has incorporated Torrent Urja 30 (TU30), a wholly-owned subsidiary, on February 19, 2025. TU30 is into electricity generation from renewable energy. It is incorporated in India and registered with the Registrar of Companies in Ahmedabad on February 12, 2025. TU30 has an authorized share capital of Rs 5 lakh. Its paid-up share capital is Rs 5 lakh. It is yet to commence business operations.
TU30 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 by-products 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.