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Subsidiaries and Joint Ventures

Subsidiaries and Joint Ventures

TORRENT SOLARGEN LIMITED

The Company is a wholly owned subsidiary (WoS) of Torrent Power Limited and engaged in the business of generation of wind power. The company consists of two projects - one is in Maharashtra (126MW), having a long-term PPA with MSEDCL, and the other in Gujarat (115MW) having a long-term PPA with SECI.

JODHPUR WIND FARMS PRIVATE LIMITED 

The Company is a wholly owned subsidiary of Torrent Power Limited and engaged in the business of generation of wind power. The Company is operating 60 MW wind power project situated at Zalki, District Kalaburagi, Karnataka. The Project comprises of 30 WTGs of 2 MW capacity each. Electricity generated from the project is being supplied to Gulbarga Electricity Supply Company Limited (GESCOM), which is a Government of Karnataka Undertaking, under 20 year PPA, extendable by further 5 years.

LATUR RENEWABLE PRIVATE LIMITED

The Company is a wholly owned subsidiary of Torrent Power Limited and engaged in the business of generation of wind power. The Company is operating 60 MW wind power project situated at Gudadanal, District Raichur, Karnataka. The Project comprises of 30 WTGs of 2 MW capacity each. Electricity generated from the project is being supplied to Gulbarga Electricity Supply Company Limited (GESCOM), which is a Government of Karnataka Undertaking, under 20 year PPA, extendable by further 5 years.

TORRENT URJA 7 PRIVATE LIMITED

The Company is an Associate Company of Torrent Power Limited and engaged in the business of generation of wind power. The Company is operating 50 MW wind power project situated at Dayapar in District Kutch, Gujarat. The Project comprises of 25 WTGs of 2 MW capacity each. Electricity generated from the project is being supplied to PTC India Limited under 25 year PPA.

TORRENT ELECTRICALS PRIVATE LIMITED

Torrent Electricals Private Limited is wholly owned subsidiary (WoS) of Torrent Power Limited. It undertakes manufacturing of all kinds of electric wires and cables. The manufacturing unit of cables is located at Yoginagar Mission Road, Nadiad, Gujarat.

TORRENT SOLAR POWER PRIVATE LIMITED

Torrent Solar Power Private Limited is WoS of Torrent Power Limited. It is implementing 100 MW Solar Power Project at Jakhotra, District Patan, Gujarat.

TORRENT SAURYA URJA 2 PRIVATE LIMITED

Torrent Saurya Urja 2 Private Limited is WoS of Torrent Power Limited. It is implementing 150 MW Solar Power Project at Surel, District Surendranagar, Gujarat.

TORRENT SAURYA URJA 3 PRIVATE LIMITED

Torrent Saurya Urja 3 Private Limited is WoS of Torrent Power Limited. The Company has been incorporated for implementing solar power project.

TORRENT SAURYA URJA 4 PRIVATE LIMITED

Torrent Saurya Urja 4 Private Limited is a WoS of Torrent Power Limited. The Company has been incorporated for implementing solar power project.

TORRENT SAURYA URJA 5 PRIVATE LIMITED

Torrent Saurya Urja 5 Private Limited is a Subsidiary of Torrent Power Limited. The Company has been incorporated for implementing solar power project.

TORRENT POWER GRID LIMITED

Torrent Power Grid Limited is a joint venture between Torrent Power Limited and Power Grid Corporation of India Limited with a shareholding of 74% and 26% respectively. It implemented and operates 400 kV transmission system to evacuate power from the SUGEN plant to Ahmedabad distribution area. It has received transmission license from the Hon’ble Central Electricity Regulatory Commission.

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.

VISUAL PERCEPT SOLAR PROJECTS PRIVATE LIMITED

The Company is a WoS of Torrent Power Limited and operates a 25 MW solar power plant, situated in the state of Gujarat.

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.

SURYA VIDYUT LIMITED

The Company is a WoS of Torrent Power Limited and operates a 156 MW wind power plants, situated in the states of Gujarat, Maharashtra and Madhya Pradesh.

TORRENT SAURYA URJA 6 PRIVATE LIMITED

The Company is a WoS of Torrent Power Limited and operates a 50 MW solar power plant, situated in the state of Maharashtra.

TORRENT URJA 8 PRIVATE LIMITED (TU8)

The Company is a WoS of Torrent Power Limited. TU8 is incorporated with object to carry on the business of generation, transmission, distribution, purchase, procurement, sale, trading, import, export or otherwise deal in all forms of electrical power and energy including non-conventional and renewable sources of energy.

TORRENT URJA 9 PRIVATE LIMITED (TU9)

The Company is a WoS of Torrent Power Limited. TU9 is incorporated with object to carry on the business of generation, transmission, distribution, purchase, procurement, sale, trading, import, export or otherwise deal in all forms of electrical power and energy including non-conventional and renewable sources of energy.

TORRENT URJA 10 PRIVATE LIMITED (TU10)

The Company is a WoS of Torrent Power Limited. TU10 is incorporated with object to carry on the business of generation, transmission, distribution, purchase, procurement, sale, trading, import, export or otherwise deal in all forms of electrical power and energy including non-conventional and renewable sources of energy.

TORRENT URJA 11 PRIVATE LIMITED (TU11)

The Company is a WoS of Torrent Power Limited. TU11 is incorporated with object to carry on the business of generation, transmission, distribution, purchase, procurement, sale, trading, import, export or otherwise deal in all forms of electrical power and energy including non-conventional and renewable sources of energy.

TORRENT URJA 12 PRIVATE LIMITED (TU12)

The Company is a WoS of Torrent Power Limited. TU12 is incorporated with object to carry on the business of generation, transmission, distribution, purchase, procurement, sale, trading, import, export or otherwise deal in all forms of electrical power and energy including non-conventional and renewable sources of energy.

TORRENT URJA 13 PRIVATE LIMITED (TU13)

The Company is a WoS of Torrent Power Limited. TU13 is incorporated with object to carry on the business of generation, transmission, distribution, purchase, procurement, sale, trading, import, export or otherwise deal in all forms of electrical power and energy including non-conventional and renewable sources of energy.

TORRENT URJA 14 PRIVATE LIMITED (TU14)

The Company is a WoS of Torrent Power Limited. TU14 is incorporated with object to carry on the business of generation, transmission, distribution, purchase, procurement, sale, trading, import, export or otherwise deal in all forms of electrical power and energy including non-conventional and renewable sources of energy.

TORRENT URJA 15 PRIVATE LIMITED (TU15)

The Company is a WoS of Torrent Power Limited. TU15 is incorporated with object to carry on the business of generation, transmission, distribution, purchase, procurement, sale, trading, import, export or otherwise deal in all forms of electrical power and energy including non-conventional and renewable sources of energy.

TORRENT URJA 16 PRIVATE LIMITED (TU16)

The Company is a WoS of Torrent Power Limited. TU16 is incorporated with object to carry on the business of generation, transmission, distribution, purchase, procurement, sale, trading, import, export or otherwise deal in all forms of electrical power and energy including non-conventional and renewable sources of energy.

TORRENT URJA 17 PRIVATE LIMITED (TU17)

The Company is a WoS of Torrent Power Limited. TU17 is incorporated with object to carry on the business of generation, transmission, distribution, purchase, procurement, sale, trading, import, export or otherwise deal in all forms of electrical power and energy including non-conventional and renewable sources of energy.

TORRENT GREEN ENERGY PRIVATE LIMITED (TGEPL)

TGEPL is a WoS of Torrent Power Limited. TGEPL is incorporated with object to carry on the business of generation, transmission, distribution, purchase, procurement, sale, trading, import, export or otherwise deal in all forms of electrical power and energy including non-conventional and renewable sources of energy.

AIRPOWER WINDFARMS PRIVATE LIMITED

Airpower Windfarms Private Limited is a WoS of Torrent Green Energy Private Limited, which is also a wholly owned subsidiary of Torrent Power Limited w.e.f. September 01, 2023 pursuant to acquisition. Airpower amended the object vide Special Resolution passed at the 8th Annual General Meeting held on September 30, 2023 to carry on the business of generation, transmission, distribution, purchase, procurement, sale, trading, import, export or otherwise deal in all forms of electrical power and energy including non-conventional and renewable sources of energy.

SUNSHAKTI SOLAR POWER PROJECTS PRIVATE LIMITED

The Company is a WoS of Torrent Power Limited and operates 50 MW solar power plant, situated in the state of Telangana.

TORRENT GREEN HYDROGEN PRIVATE LIMITED (TGHPL)

The Company is a WoS of Torrent Power Limited. TGHPL is incorporated with object to carry on the 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 and Generation, transmission, distribution, purchase, procurement, sale, trading, import, export, storage of power or otherwise deal in all forms of conventional, non-conventional, renewable, green, hydro power, pumped hydro power storage, battery storage or any other combination of storage technologies or any other sources of energy including electrical power and energy and its storage in all aspects.

TORRENT PSH 1 PRIVATE LIMITED (PSH 1)

The Company is a WoS of Torrent Power Limited. PSH 1 is 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 2 PRIVATE LIMITED (PSH 2)

The Company is a WoS of Torrent Power Limited. PSH 2 is 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 a WoS of Torrent Power Limited. PSH 3 is 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 4 PRIVATE LIMITED (PSH 4)

The Company is a WoS of Torrent Power Limited. PSH 4 is 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.