Torrent Power Limited — Updates, 26-02-2025: Incorporation

Torrent Power Limited's subsidiary, Torrent Green Energy Private Limited, has incorporated two new step-down subsidiaries: Torrent Urja 29 Private Limited and Torrent Urja 31 Private Limited, with a paid-up share capital of ₹5,00,000 each. These entities will focus on renewable energy, specifically in hydrogen and its derivatives, signaling an expansion into sustainable energy. This strategic move may enhance the company’s position in the renewable sector, presenting a positive outlook for investors interested in green energy ventures. The subsidiaries are yet to commence operations, but their establishment aligns with growing trends in renewable energy investments.