torrent power

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    Private Placement: Torrent Power Issues Rs 2,000 Cr Debentures

    New Delhi, March 9 Torrent Power announced on Monday that it has raised Rs 2,000 crore through the issuance of non-convertible debentures (NCDs) through a private placement.The company issued 200,000 NCDs of Rs 1 lakh each, totaling Rs 2,000 crore, as stated in a regulatory filing.The...
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    Maharashtra to Boost Energy Sector with New Pumped Storage Projects

    Mumbai, March 4 Maharashtra Chief Minister Devendra Fadnavis on Wednesday directed the time-bound implementation of multiple agreements signed for pumped storage hydro-power projects to strengthen the energy sector.Fadnavis chaired a review meeting at the state legislature complex and said...
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    Power Generation Boost: Torrent Power Gains Control of Nabha Power Plant

    New Delhi, February 16 Torrent Power announced on Monday that it has entered into an agreement with L&T Power Development to acquire 100 per cent of the equity stake in Nabha Power for an enterprise value of ₹6,889 crore.Nabha Power Ltd (NPL) is a wholly-owned subsidiary of L&T Power...
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