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Torrent Power Limited ( (IN:TORNTPOWER) ) has provided an update.
Torrent Power Limited announced the incorporation of a new step-down subsidiary, Torrent Urja 42 Private Limited, through its wholly-owned subsidiary, Torrent Green Energy Private Limited. This new entity is established to engage in the renewable energy sector, specifically focusing on hydrogen and its derivatives, as well as other forms of non-conventional energy. The incorporation aligns with Torrent Power’s strategic focus on expanding its renewable energy portfolio, potentially enhancing its market position in the green energy sector.
More about Torrent Power Limited
Torrent Power Limited operates in the electricity generation industry, focusing on renewable energy. The company is involved in the generation, transmission, and distribution of power, with a market focus on sustainable and green energy solutions.
YTD Price Performance: -1.95%
Average Trading Volume: 20,176
Current Market Cap: 693.7B INR
For an in-depth examination of TORNTPOWER stock, go to TipRanks’ Stock Analysis page.
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