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Torrent Power raises Rs 2,000 crore through NCDs

10 Mar 2026 Evaluate

Torrent Power has raised Rs 2,000 crore through issuance and allotment of Series 14 - 2,00,000 Secured, Rated, Listed, Taxable, Non-Cumulative, Redeemable and Non-Convertible Debentures (NCDs) at a coupon rate of 7.97% p.a. on private placement basis. 

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 328.10
Tata Power 362.00
Adani Power 203.35
Power Grid Corpn. 264.55
Adani Energy Solut. 1353.00
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