About
Basic Data Updated:
20 days agoTorrent Power Limited is involved in the operations of power generation, transmission, and distribution. The company holds the position of a distribution licensee in Ahmedabad, Gandhinagar, Surat, and Dahej SEZ, and also serves as the distribution franchisee for Bhiwandi and Agra. The power generation plants of the company are located in Sabarmati (AMGEN, a 362-MW coal-based station) in Ahmedabad; Surat (1147.5-MW gas-based SUGEN plant with 382.5-MW expansion), and Dahej (1200 MW gas-based combined cycle DGEN power plant). In addition, the company's renewable energy portfolio comprises a 49.6-MW wind power plant (WPP) at Lalpur, a 51 MW solar power plant at Charanka, Patan, a 252 MW Suzlon WPP at Kutch and Bhavnagar, Gujarat, a 50.9 MW WPP at Mahidad, Gujarat, and an 87 MW GENSU solar power plant at Surat.
Industry
Company Details
- Location
Ahmedabad, Gujarat, India
- Website12224421
- Telephone12224421
- Email Address12224421
- Social Media12224421
| CIN/LLPIN/FCRN | L31200GJ2004PLC044068 |
| Company No. | 044068 |
| Stock Symbol | BSE : 532779 NSE : TORNTPOWER |
| Company Classification | Public Limited Indian Non-Government Company |
| Incorporation Date | 29 Apr 2004 |
| Date of AGM | 10 Aug 2023 |
| Date of Balance Sheet | 31 Mar 2023 |
| Listing Status | Listed |
| ROC Code | Roc Ahmedabad |
Products or Services related to Torrent Power Limited
Electrical Work
Power Plants & Spare Parts
SCADA System
Gas Plants
Financials of Torrent Power Limited
Torrent Power Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 37.53% increase. The company also saw a substantial improvement in profitability, with a 413.47% increase in profit. The company's net worth Soared by an impressive increase of 10.57%.
Corporate Structure
Unlock access to Torrent Power's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.
People in Torrent Power Limited
Unlock and access historical data on people associated with Torrent Power, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Executive Team (4)
SM
Samir Mehta
Managing DirectorAppointment Date: 29-Apr-2004
Status: Current
JM
Jinal Mehta Managing DirectorAppointment Date: 19-Oct-2011
Status: Current
SM
Saurabh Mashruwala CFOAppointment Date: 14-Apr-2023
Status: Current
RS
Rahul Shah Company SecretaryAppointment Date: 16-May-2019
Status: Current
Board Members(6)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Idbi Trusteeship Services Limited Creation Date: 17 Jan 2024 | ₹750.00 Cr | Open |
Idbi Trusteeship Services Limited Creation Date: 17 Oct 2023 | ₹1,700.00 Cr | Open |
Idbi Trusteeship Services Limited Creation Date: 06 Jun 2023 | ₹600.00 Cr | Open |
Deals i
Gain comprehensive insights into the Deals and Valuation data of Torrent Power, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Torrent Power's trajectory.
Rating
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Alert
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Related Corporates (Common Directorship)
34 years 9 months 
Recent activity within the organization
Director Appointment
Apurva Shishir Diwanji was appointed as a Additional Director was appointed as a Additional Director on 06 Mar 2024 & has been associated with this company since 2 months 7 days .
06 Mar 2024Charges
A charge with Idbi Trusteeship Services Limited amounted to Rs. 750.00 cr with Charge ID 100860779 was registered on 17 Jan 2024.
17 Jan 2024Charges
A charge registered on 17 Feb 2022 via Charge ID 100539811 with Idbi Trusteeship Services Limited was fully satisfied on 24 Nov 2023.
24 Nov 2023Charges
A charge with Idbi Trusteeship Services Limited of Rs. 12,732.00 cr registered on 05 Mar 2016 with Charge ID 10623909 was modified on 09 Nov 2023.
09 Nov 2023Charges
A charge with Idbi Trusteeship Services Limited amounted to Rs. 1,700.00 cr with Charge ID 100805340 was registered on 17 Oct 2023.
17 Oct 2023
Recent News, Updates & Announcement
Torrent Powers Ambitious Plans Rs 650 Crore NCDs for Green Energy Expansion Electric Mobility Entry and GH2 Solutions.Torrent Power wants to raise Rs 650 crore through NCDs to expand its operations in green energy and green hydrogen They plan to double their renewable energy capacity and enter the electric mobility sector They also aim to be a leading GH2 solution provider and export green ammonia In the next 5 years they plan to set up 3 pumped storage hydro projects in Maharashtra.
Economic Times 03 Jan 2024
- India Hydrogen Alliance welcomes seven new members expands industry coalition.
The Expanded Membership Announcement Follows Submission Of The USD 5 Billion National Green Hydrogen Hub Economic Viability And Development Plan.
Telegraph India 12 Dec 2023
- Torrent Power SEC gets HC nod for merger.
Torrent Power SEC Ltd has received approval from the Gujarat High Court for merger of the company Torrent Power AEC Ltd and Torrent Power Generation Ltd with the parent company Torrent Power Ltd.
Economic Times 30 May 2023
- Lalit Malik resigns as Torrent Power CFO co appoints Saurabh Mashruwala.
Business Standard 13 Apr 2023
- Tata Power 3 others in fray for PTC India stake.
The Adani Group which was also widely expected to participate in the bidding process has not submitted an EoI the people said Five public sector undertakings including four promoter firms of PTC India are planning to sell their stake in the power trading company that is hit by a controversy over alleged governance issues at its financial services subsidiary.
Economic Times 01 Mar 2023
Frequently asked questions
What is the Incorporation or founding date of Torrent Power Limited?
