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.
Torrent Power: The proposed investments are planned to be made in the areas of renewable energy, green hydrogen and power distribution and are expected to contribute significantly towards the development of the state and creation of large-scale employment opportunities.
Torrent Power, the integrated power utility under the diversified Torrent Group, has unveiled ambitious plans for a total investment of INR 47,350 crore (approximately $5.7 billion) across renewable energy, green hydrogen, and power distribution in Gujarat.
Torrent Power pledges ₹47,000 cr investment in renewables, electricity distribution in Gujarat thehindu.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindu.com Daily Mail and Mail on Sunday newspapers.