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Torrent Group, based in Ahmedabad, has signed four non-binding memorandums of understanding (MoUs) with the Gujarat government. The MoUs cover renewable energy, pump storage hydro projects, green hydrogen production, and power distribution, with a total investment exceeding Rs 47,000 crore. The projects are expected to generate over 26,000 direct and indirect jobs in Gujarat.
Get latest articles and stories on India at LatestLY. Torrent Group has signed four MoUs to invest Rs 47,350 crore in areas of solar energy, green hydrogen, and power distribution in Gujarat, its Chairman Emeritus Sudhir Mehta said on Friday. India News | Torrent Group Commits Rs 47,350 Cr Investment for Gujarat in Solar, Hydrogen Segment: Sudhir Mehta.