Torrent Power Limited, through its wholly owned subsidiary Torrent Green Energy Private Limited, has incorporated three new subsidiaries – Torrent Urja 33 Private Limited, Torrent Urja 34 Private Limited, and Torrent Urja 36 Private Limited – with an investment of Rs 500,000 each by subscribing to 50,000 equity shares of face value Rs 10 each.
The newly incorporated subsidiaries will focus on electricity generation from renewable energy sources. They are set to engage in the production, processing, trading, and distribution of hydrogen, its derivatives, natural gas, and other renewable energy-related products, along with power generation, transmission, and distribution.