The Mehta family of the Torrent Group has pledged to donate Rs 5,000 crore over five years to the UNM Foundation in honor of founder U N Mehta s birth centenary. Mehta overcame personal challenges to build a successful business, and the foundation will focus on various social causes without discrimination.
Torrent Power, an integrated power utility of the Torrent Group, has made significant commitments to renewable energy and green initiatives in Gujarat. The company has signed four non-binding MoUs with the state government, pledging to invest a total of Rs 47,350 crore. These investments will focus on areas such as renewable energy, green hydrogen, and electricity distribution. The proposed projects are expected to contribute to the state s development and create numerous employment opportunities.
Torrent Power pledges Rs 47,000 Cr in renewables, electricity distribution in Gujarat yourstory.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yourstory.com Daily Mail and Mail on Sunday newspapers.
Torrent Power Ltd, the integrated power utility of the diversified Torrent Group, has signed four non-binding Memorandum of Understanding (MoUs) with the government of Gujarat under the 10th edition of Vibrant Gujarat Global Summit, according to a company statement issued late in the evening on Wednesday.
Through the said four MoUs, Torrent Power has proposed total investments of Rs 47,350 crore in renewable energy, green hydrogen, and power distribution.