About Us

Mr. Samir Mehta, 59 is the Chairman of Rs. 37,000 Crore Torrent Group.

Under his leadership, Torrent Pharma took several strategic initiatives, including forays into new therapies and geographies, large investments in product development infrastructure and capabilities, building state-of-the-art manufacturing facilities and acquisitions, thus establishing Torrent as one of India’s fast growing and well respected Pharma majors. His emphasis on professional organisational design, precise execution and operational efficiencies has built a strong and globally competitive generic business platform in Torrent Pharma.

Mr. Mehta has also guided the Group’s entry and growth in the Power sector. Torrent Power has systematically improved its performance on all efficiency parameters and ranks amongst the best run power utilities in the country. His emphasis on efficiency and reliability has led the Company to demonstrate exemplary operational capabilities and high customer orientation thus, setting new benchmarks in the sector and attracting many accolades.

In a move to expand its business presence, Mr. Mehta mentored the Group’s entry in the emerging City Gas Distribution sector by participating in bidding rounds for new areas and acquiring existing CGD entities. In a short span, Torrent has established an investment plan of Rs. 10,000 crores and started rolling out its network across 17 geographical areas in India.

Much before the current emphasis on CSR, Mr. Mehta always conducted the businesses in a socially responsible way, giving a new dimension to the traditional meaning of CSR. He has emphasized environmental responsibility in industrial operations and creation of local livelihoods in the influence areas of Torrent establishments. His belief that improving community health and school education of the underprivileged class are powerful instruments for social empowerment and upliftment, has driven much of the Group’s investments in CSR activities.

A fine blend of business acumen and cautious entrepreneurial optimism, Mr. Mehta has positively influenced all aspects of the Group culture with his contemporary outlook and innovative ideas. Torrent Group has established a reputation for being employee-centric, and above all fair and humane in all its dealings.

Jinal Mehta , 41, has done his Bachelor of Business Studies (BBS) and Master of Business Administration (MBA) from University of Technology Sydney (UTS), Sydney, Australia.

Jinal Mehta has been associated with the Company as a Director since 2011. He has been the Managing Director of the Company since April 01, 2018. As Managing Director, he has substantial powers of management, subject to superintendence, control and direction of the Board of Directors of the Company. He leads the Company’s efforts at continuous operational improvement and delivering growth.

He has more than 17 years of experience across all facets of the power sector – generation, transmission and distribution. He was involved during the project and operations phases of 1,530 MW SUGEN Mega Power Project. Subsequently, he was responsible for the implementation of the 1,200 MW DGEN Mega Power Project. Thereafter, he took charge of the distribution business of the Company in April, 2014 and led significant operational improvements in both the licensed and franchised distribution businesses, in terms of network modernisation, reduction in AT&C losses, improved customer services and timely regulatory approvals for recovery of costs. Under his leadership, the Company grew its Distribution business further by obtaining a distribution license for Dholera Special Industrial Region (SIR), Mandal Bechraji SIR and the Union Territory of Diu, Daman, Dadra Nagar Haveli (DDDNH), and being appointed as the Distribution Franchisee by MSEDCL for Shil, Mumbra & Kalwa (SMK) in Thane District. During his leadership, Torrent Power has strengthened its leadership position in the Power Distribution business and distributes nearly 26 billion units of power per annum and caters to peak demand of approx. 4,750 MW to over 4 million customers across 12 cities. Apart from conventional generation, transmission and distribution, his contribution in growing renewable capacity; both Solar and Wind Power, has resulted into renewable energy becoming significant part of Company’s generation portfolio today with plans for significant further growth. Accelerated commitment to increase renewable portfolio has enabled the Company to undertake several acquisitions. With these acquisitions, the Company now has an aggregate installed generation capacity of ~4.3 GW, which consists largely of clean generation sources such as gas (2.7 GW) and renewables (~1.2 GW).

Usha Sangwan was the first ever woman Managing Director of LIC of India, largest life insurer in the world in terms of number of customers. Usha Sangwan, 65, is post graduate in Economics, PG Diploma holder in Human Resource Management and Licentiate from Insurance Institute of India. Usha Sangwan had joined LIC of India in 1981 as a Direct Recruit Officer and handled various important positions during her 37 years of stint in LIC, finally reaching the top position of Managing Director (2013-2018). She joined as Non-Executive Independent Director on the Board on 21st May, 2021.

She was also a Board member of various national and international companies. Prominent among them being Axis Bank, Bombay Stock Exchange, LIC Housing finance , LIC Cards, Grasim Industries, Ambuja Cements, Ultratech Cement, GIC-RE, Voltas, Godrej Housing Finance, LIC International Bahrain, Singapore, Nepal and Sri Lanka. Presently she is independent director on the Board of Torrent Power, Trident Ltd., SBI Life, Axis Pension Fund, Tata Motors, Tata Motors Passenger Vehicles, Tata Electric Vehicles Mobility, Dadra and Nagar Haveli and Daman and Diu Power Distribution Corporation Limited and Tata Technologies Ltd. She is also a member of Financial Services Institutions Bureau of Govt of India constituted for selection of Chairmen and MDs of Public Sector Financial Institutions.

She has been featured in Forbes magazine amongst top 50 business women of Asia. She has also been awarded Most powerful business woman Award by Business Today and Business World for three years consecutively. She was featured in Femina and on the cover page of Beaurocracy. She was honoured by 92.7 Big FM, Colour TV, Dun & Bradstreet and Loksatta among others. She has won many more accolades and awards. She is a member of BCCI Diversity & Inclusion Committee. She was also a jury member to select Women Transforming India by Niti Ayog, Jury member to select top 100 Women in Finance by AIWMI and Jury to select best CFOs 2021 in various categories by Business World.

Radhika Haribhakti joined as Non-Executive Independent Director on the Board on August 07, 2021.

Radhika Haribhakti, 66, has over 32 years of experience in Commercial and Investment Banking with Bank of America, JM Morgan Stanley and DSP Merrill Lynch. She has advised several large corporates and led their Equity and Debt offerings in Domestic as well as International Capital Markets. She now offers advisory services as RH Financial, but is primarily engaged as an Independent Director on multiple Boards.

She is a graduate in Commerce from Gujarat University and Post Graduate in Management from the Indian Institute of Management, Ahmedabad (IIMA).

She serves as an Independent Director on the Boards of Bajaj Finance Limited, Bajaj Finserv Limited, EIH Associated Hotels Limited, ICRA Limited, Navin Fluorine International Limited, NOCIL Limited and BIP India Infra Projects Management Services Private Limited.

She has also been closely associated with issues of Women Empowerment and financial inclusion and has served on the Boards of non-profits for over 18 years, including 12 years as Chairperson.

Ketan Dalal joined as Non-Executive Independent Director on the Board on May 11, 2022.

Ketan Dalal, 66, is a veteran Chartered Accountant with 40 years of experience in taxation and corporate structuring, including mergers and acquisitions. He was the Joint Head (Tax), All India and the Managing Partner (West) and the member of the India Leadership Team at PwC India. From April’17, he has been independently pursuing his professional interests and runs a boutique Structuring firm, Katalyst Advisors Pvt. Ltd.

He was a member of the “Working Group on Non Resident Taxation” formed by the Ministry of Finance, Government of India in 2003. He has also served on various committees of several professional and business organisations. He has been a member of several SEBI committees, including the High Powered Advisory Committee (HPAC) on Consent Orders and Compounding.

He has been listed among India’s leading tax advisors in ITR (International Tax Review), a leading global magazine on international tax policy and offers advice around the world. He has written several other books and articles, including ‘‘Indian Taxation Decoded - An MNC Perspective” in 2018.

Varun Mehta, 36, is a BSc (with honors) in Management from University of Warwick, UK and an MBA from INSEAD, France. During his tenure with Torrent Power Limited, he has worked across different business segments of the company – namely Renewables, Thermal Generation and Distribution. He started his career in the Renewables business, where he made an important contribution in formulating the entry strategy of the Group in the area of renewable energy and setting up the initial set of renewable energy projects. Later when he moved to the Thermal Generation business, he spearheaded a strategic initiative on importing LNG directly from the international markets, making Torrent Power the first Indian power company to successfully do so. This initiative led to significant benefits for the company in terms of revenue enhancement and cost savings.

Currently, he heads the Distribution License (Ahmedabad, Gandhinagar, Surat, Diu, Daman, Dadra, Nagar Haveli, Dahej and Dholera), Transmission and Cables business. Under his leadership, Torrent’s distribution business has widened its lead over competition and strengthened its position as a benchmark utility. Some of his key contributions have been take-over of operations at Diu, Daman, Dadra, Nagar Haveli, Dholera and Mandal Bechraji and improving AT&C losses further.

His efforts in the area of operational excellence led to Torrent Power being recognized as one of only 5 companies in the world to be simultaneously awarded the prestigious Sword of Honour and Globe of Honour from British Safety Council in 2021. He has very effectively translated Torrent’s core values into Distribution business and driven the Operational Excellence journey and strengthened the Process Orientation of the business.

Apurva Diwanji, 55, has done his MA in Law, Downing College, Cambridge University, UK, BA (Econ), St. Xavier’s College, Mumbai.

He has been with Desai & Diwanji for over 29 years. He specializes in mergers and acquisitions, international capital markets, co-investments, private equity and joint ventures. He has led and advised on a variety of transnational, cross border transactions, sale / acquisition of existing Indian companies etc. He has also advised on all types of M&A transactions including mergers and amalgamations, asset and business purchases and sales, securities sales and purchases, tender offers, buy-outs, joint ventures and strategic buy outs. He advises on the full spectrum of matters including corporate governance issues, transaction structuring, anti-trust and competition laws, FDI and FEMA issues, SEBI and ICDR guidelines and has advised on transactions across various industry sectors. He has also been advising on Corporate Governance and minority protection issues and large corporate disputes.

He is currently an Independent Director of Zydus Lifesciences Limited and Director of TUV India Private Limited, Hormaze (Property) Private Limited and Bombay Chamber of Commerce and Industry. Until recently, he was an Independent Director of Go Airlines (India) Limited, Eureka Forbes Limited and SP Forbes Shipping Limited.

Sunil Dass Mathur, 61, is the Managing Director and Chief Executive Officer of Siemens Limited, India since 2014. He is responsible for operations of Siemens in South Asia. He is currently a Member of the Global Leadership Team of Siemens and a Member of the Board of Siemens Healthcare Private Limited and Siemens Energy India Limited and Chairman of C&S Electric Limited.

Prior to 2014, he was the Executive Director and Chief Financial Officer of Siemens Limited from 2008 and was responsible also for operations of South Asia. During his stint as Chief Financial Officer of Siemens Limited, he was a Member of the Global Finance Management Team.

He has been with Siemens for over 36 years, holding several Senior Management positions in Germany, where he worked in the Power Generation Division as also as Chief Financial Officer of a Global Business Unit in the Industrial Automation Division of the Company. He has worked in Germany, United Kingdom and the United States, apart from India.

He is Chairman, CII National Committee on Multinational Companies as well as the CII National Committee on Smart Cities. He was previously Chairman of CII Western Region, Chairman of the CII Smart Manufacturing Council and President of Indo-German Chamber of Commerce and Bombay Chamber of Commerce & Industry.

Jigish Mehta, 51, is Executive Director at Torrent Power Ltd. He heads Gas Generation, Renewables, and Green Energy business verticals and the Procurement function of the Company.

His skill sets include a deep transactional understanding, as well as significant expertise particularly in commercial domain, across sectors as diverse as Thermal and Renewable Power Generation, Domestic and International Natural Gas / LNG Sourcing and Marketing, Power marketing, and CSR activities.

Jigish Mehta is a Civil Engineer with MBA (Finance). A multifaceted individual with good leadership skills, he has been with Torrent for the last 23 years. He started his career with Torrent at the Company’s Surat Distribution business. Subsequently, he transferred to Sugen, and went on to play key roles in implementation of Sugen Mega Power Project and Dgen Mega Power Project and worked in various functions such as Projects, Admin, HR, Commercial, etc. He has been instrumental in establishing and managing the gas and power marketing divisions. He has successfully led the Company’s Gas-based Power Generation business, Renewables business (Wind and Solar) and other Green Energy initiatives (such as PSP and Green Hydrogen) for the last 3 years.

He serves as Non-Executive Director on the Board of Renewable subsidiaries of Torrent Power (Torrent Saurya Urja 2 Pvt. Ltd., Torrent Saurya Urja 3 Pvt. Ltd., Torrent Saurya Urja 5 Pvt. Ltd., Torrent Saurya Urja 6 Pvt. Ltd., Torrent Urja 14 Pvt. Ltd., Visual Percept Solar Projects Pvt. Ltd., Sunshakti Solar Power Projects Pvt. Ltd., Surya Vidyut Ltd., and Torrent Solar Power Pvt. Ltd).

His recent contributions include aggressively pursuing sale of merchant gas and power, effective utilization of the Dgen plant, acquisition of ~300 MW of solar and wind assets giving a boost to the Company’s operating RE capacity, developing a strong RE pipeline of ~3 GW in line with the Company’s goal of achieving RE capacity of 5 GW in the medium term, developing clean energy C & I business and leading the future Green Energy foray in the areas of Pumped Storage Hydro Power and Green Hydrogen.

He is also actively involved in Torrent Group’s CSR activities and leads the Healthcare initiatives of the UNM Foundation.