Torrent Power Sets Up New Subsidiary Torrent Urja Projects to Boost Renewable Energy Projects

Torrent Power Limited announced that its wholly owned subsidiary, Torrent Green Energy Pvt. Ltd. (TGEPL), has established a new company named Torrent Urja Projects Pvt. Ltd. (TUPPL). 

Ownership and Financial Details

• Ownership: TUPPL is fully owned by TGEPL, which is itself a wholly owned subsidiary of Torrent Power Limited.
• Capital: Both the authorised and paid-up capital of TUPPL is ₹5,00,000.
• Turnover: Currently, TUPPL has no turnover as it hasn’t started operations yet.
• Acquisition Type: This was a cash investment involving the purchase of 50,000 shares at ₹10 each.

Purpose and Business Activities

TUPPL has been formed to take on infrastructure development projects related to various energy sources like solar, wind, hydro, thermal, nuclear, green hydrogen, coal, gas and more. It will offer services like:

• Engineering and project consultancy
• Construction and installation of power facilities
• Trading and supply of equipment and materials
• Managing and operating power plants

Background of the New Entity

Torrent Urja Projects Pvt. Ltd. is a newly incorporated company registered in Ahmedabad, Gujarat, on April 9, 2025. It hasn’t started any business activity yet and is entirely based in India.

Share Price Performance 

As of April 11, 2025, at 10:20 AM, Torrent Power Share Price is trading at ₹1,532.70 per share, reflecting a profit of 0.12% from the previous closing price. Over the past month, the stock has registered a profit of 14.86%. The stock’s 52-week high stands at ₹2,037.00 per share, while its low is ₹1,207.25 per share.

Conclusion

The incorporation of TUPPL reflects Torrent Power’s commitment to growth in the clean energy sector. By expanding its operational capabilities through this new subsidiary, the company is well-positioned to take on large-scale infrastructure and renewable energy projects both in India and abroad.

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