Torrent Power Limited
Torrent Power Ltd is a leading integrated power utility company in India with presence across generation, transmission and distribution of power. Its operations are spread across the states of Gujarat, Maharashtra, Uttar Pradesh and Karnataka.
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Torrent Power's wholly-owned subsidiary has formed two new companies, Torrent Urja 50 and Torrent Urja 51, securing 100% ownership in each. With a modest initial investment of ₹10 lakh (0.1 Cr) for both, these entities are strategically poised for renewable energy generation, including green hydrogen and its derivatives. This move...
Torrent Power's subsidiary, Torrent Green Energy, has acquired 100% of Onix-One Enersol Private Limited for ₹0.01 Cr. Onix, a renewable energy generator with a FY25 turnover of ₹19.44 Cr, strategically enhances Torrent Power’s integrated power operations. This acquisition is crucial for securing new client commitments and future project sites, leveraging...
Torrent Power is set to acquire 100% of Nabha Power Limited from L&T Power Development for Rs 3,660.87 Cr. Nabha Power owns and operates a 2x700 MW supercritical coal-based thermal power plant in Punjab, reporting FY25 turnover of INR 4421.54 Cr. This strategic acquisition significantly expands Torrent Power's thermal generation...
Torrent Power has acquired Newzone India Private Limited (NZIPL) and its holding company, Newzone Power Projects Private Limited (NZPPPL), for ₹211 Cr. This deal grants Torrent 100% control of both entities. NZIPL holds approximately 922 acres of land in Annupur District, Madhya Pradesh, which is suitable for a coal-based power...