Key Event
Torrent Green Energy Private Limited (TGEPL), a Wholly Owned Subsidiary of Torrent Power Limited, incorporated two new companies on August 19, 2026:
- Torrent Urja 50 Private Limited - Certificate of Incorporation received at 11:53 am IST
- Torrent Urja 51 Private Limited - Certificate of Incorporation received at 03:29 pm IST
Both companies were incorporated in India and registered with the Registrar of Companies, Gujarat at Ahmedabad.
Corporate Structure
- Holding company of both SPVs: Torrent Green Energy Private Limited (TGEPL)
- TGEPL is a Wholly Owned Subsidiary of Torrent Power Limited
- TGEPL holds 100% of the Equity Share capital of both SPVs
Business Objectives
The SPVs are incorporated to carry on business of:
- Manufacture, process, produce, assemble, alter, purchase, refine, treat, reduce, distil, blend, purify, store, hold, transport, use, experiment with, supply, sell, import, export, trade and generally deal in hydrogen, its by-products and/or its derivatives like ammonia, chemicals, compressed natural gas and mineral substances
- Generation, transmission, distribution, purchase, procurement, sale, trading, import, export, storage of power, Hydrogen and/or its derivatives like ammonia
- Dealing in all forms of non-conventional, renewable, green, hydro power, or any other sources of energy including electrical power and energy in all aspects
Financial Details
- Nature of consideration: Cash
- Cost of subscription: ₹5,00,000 per SPV (50,000 Equity Shares of ₹10 each)
- TGEPL holds 100% equity share capital in both SPVs
Regulatory Approvals
No governmental or regulatory approvals were required for the incorporation of these entities.