Torrent Power Limited has signed four non-binding memorandums of understanding (MoUs) with the Government of Gujarat under the 10th edition of Vibrant Gujarat Global Summit.
The MoUs were signed between Torrent Power and Gujarat Energy Development Agency (GEDA). Through the four MoUs, Torrent Power has proposed total investments of Rs 473.50 billion.The proposed investments are planned to be made in the areas of renewable energy, green hydrogen and power distribution and are expected to contribute significantly towards the development of the state and creation of large-scale employment opportunities.