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Torrent Power Limited's wholly owned subsidiary, Torrent Green Energy Private Limited (TGEPL), has incorporated three new step-down subsidiaries: Torrent Urja 33 Private Limited, Torrent Urja 34 Private Limited, and Torrent Urja 36 Private Limited. Each subsidiary has a paid-up capital of ₹5,00,000. These companies aim to engage in renewable energy-related activities, including the development and trading of hydrogen and its derivatives. This strategic move positions Torrent Power to capitalize on growth in the green energy sector. Investors may view this expansion positively, reflecting management's commitment to sustainable energy initiatives and future revenue streams.