Subsidiaries and Joint Ventures of the Company
UNM FOUNDATION
UNM Foundation is a company incorporated under Section 8 of the Companies Act, 2013 and is engaged in the activities relating to child health centric initiative, which is mainly directed at prevention of child health problems through proactive grass root interventions and providing corresponding diagnostic/treatment facilities for resolving child health related issues, education, knowledge enhancement, protection & up-gradation of environment including ecological balance and related activities, and other charitable activities.
DADRA AND NAGAR HAVELI AND DAMAN AND DIU POWER DISTRIBUTION CORPORATION LIMITED (DNHDDPDCL)
DNHDDPDCL is a subsidiary of Torrent Power Limited. DNHDDPDCL is the licensee to carry out the function of distribution and retail supply of electricity in the Dadra and Nagar Haveli district of the Union Territory of Dadra and Nagar Haveli and Daman and Diu for a period of 25 years effective from the acquisition date. The Issuer has taken formal takeover of power distribution operations in the Union Territory of Dadra & Nagar Haveli and Daman & Diu from April 1, 2022.
TORRENT PIPAVAV GENERATION LIMITED
Torrent Pipavav Generation Limited, a subsidiary of the Company and a joint venture between the Company and Gujarat Power Corporation Limited, incorporated for the purpose of developing a coal-based power plant of 1,000+ MW. However, due to non-availability of fuel linkage, Government of Gujarat vide its letter dated December 6, 2017, communicated that the said project may not be developed and accordingly, the joint venture is intended to be dissolved.
TORRENT POWER GRID LIMITED
Torrent Power Grid Limited, a subsidiary of the Company and a joint venture between the Company and Power Grid Corporation of India Limited with a shareholding of 74% and 26% respectively. It implemented Transmission lines associated with 1100 MW Sugen Project and Transmission scheme for evacuation of 4.5 GW RE injection at Khavda PS under Phase-II, Part-D.
SOLAPUR TRANSMISSION LIMITED
The Company is Wholly Owned Subsidiary of the Company. This Company is implementing Transmission System for Evacuation of Power from RE Projects in Solapur (1500 MW) SEZ in Maharashtra.
TORRENT GREEN ENERGY PRIVATE LIMITED (TGEPL)
TGEPL is Wholly Owned Subsidiary of the Company. Hon’ble National Company Law Tribunal, Ahmedabad Division Bench (“NCLT”), has vide its Order sanctioned the Scheme of Arrangement involves transfer and vesting of the Renewable Power Undertakings from the Company to TGEPL as a going concern on Slump Sale basis with effect from Appointed Date i.e. 01.04.2024.
TORRENT GREEN HYDROGEN PRIVATE LIMITED (TGHPL)
The Company is Wholly Owned Subsidiary of the Company. This Company is implementing 18,000 MT/Annum Production facilities for Green Hydrogen under SIGHT Scheme (Mode-1 Tranche-1).
TORRENT PSH 1 PRIVATE LIMITED (PSH 1)
The Company is Wholly Owned Subsidiary of the Company. This Company is implementing joint Venture with EDF India Private Limited for development of 2400 MW PSP Project in Shoma, Uttar Pradesh.
TORRENT PSH 2 PRIVATE LIMITED (PSH 2)
The Company is Wholly Owned Subsidiary of the Company incorporated with object to carry on the business of generation, transmission, distribution, purchase, procurement, sale, trading, import, export, storage of power or otherwise deal in all forms of conventional, nonconventional, renewable, green, hydro power, or any other sources of energy or Power including electrical power and energy and pumped storage, battery storage or any other combination of storage technologies in all aspects.
TORRENT PSH 3 PRIVATE LIMITED (PSH 3)
The Company is Wholly Owned Subsidiary of the Company. This Company is implementing 3000 MW Pumped Storage Hydro Project at Saidongar -I.
TORRENT PSH 4 PRIVATE LIMITED (PSH 4)
The Company is Wholly Owned Subsidiary of the Company. This Company is implementing 1200 MW Pumped Storage Hydro Project at Saidonagar - II, Maharashtra.