Torrent Power Limited — JV/Acquisition, 19-08-2026: Acquisition

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 underscores Torrent Power's commitment to expanding its green energy footprint and diversifying its portfolio in the growing non-conventional power sector. #RenewableEnergy #GreenHydrogen