Torrent Power has informed that the Bombay High Court has suspended the tender process in the wake of a PIL case filed before the court, until further orders in the matter. Torrent Power, it may be recalled, emerged as Read more
Torrent Power expects to invest Rs.150 crore in the Shil-Mumbra-Kalwa franchise area in Maharashtra. These subdivisions were handed over to Torrent Power, under the distribution franchisee model, on March 1, 2020. This investment of Rs.150 crore will be made Read more
In a stock exchange filing, Torrent Power Ltd said that its shareholders have approved the scheme of transfer of the company’s electrical cable business to TCL Cables Pvt Ltd. The proposal was approved with 99.98 per cent of the Read more
Torrent Power, according to information available in its latest Annual Report, has cut down T&D losses in its Bhiwandi franchisee area in Maharashtra to 11.93 per cent in FY20 from 15.13 per cent in FY19. The company was able Read more
Torrent Power expects capital expenditure of Rs.500 crore in the Dholera Special Industries Region (DSIR) for which the Gujarat-based company was given the mandate of an additional distribution licencee last year. Torrent Power expects the investment to made Read more