
Torrent Power Ltd
Torrent Power Ltd Company History
Torrent Power is engaged in the business of generation, transmission and distribution of Electricity.
2005
Torrent Power AEC Limited launches "Fixed Service Line Charges"
Torrent Power SEC Limited launches Services at Customers Doorstep
Torrent Power Generation Limited begins construction of its 1147.5 MW SUGEN Project
2005
2006
Torrent Power Ltd has informed that the Company has signed the Distribution Franchise agreement with The Maharashtra State Electricity Distribution Company Ltd (MSEDCL) for the distribution of power to 1.6 lac customers in Bhiwandi circle for a period of ten years.
Torrent Power signs Joint Venture with POWERGRID
Torrent Power gets Gujarat High Court nod for merger scheme
2006
2007
Torrent Power Limited has appointed Mr. D B Shah as the Company Secretary as well as the Compliance Officer as per the provisions of the Listing Agreement vice Mr. Jagdish A Mehta.
Torrent Power Ltd has appointed Mr. P S Shenoy as an Additional Director on the Board of the Company with effect from March 17, 2007.
Torrent Power Ltd has informed that the Company has signed a Memorandum of Understanding (MoU) with Gujarat Power Corporation Ltd on May 22, 2007 for setting up a 1000+ MW coal based power project at Pipavav in Amreli District, Gujarat.
2007
2008
Torrent Power Ltd has informed that Shri. Samir K Barua has been appointed as a Director on the Board of the Company with effect from January 29, 2008 to fill in the vacancy caused by resignation of Dr. Bakul Dholakia.
Torrent Power Ltd has informed that the Board of Directors of the Company at its meeting held on July 30, 2008, inter alia, has appointed Shri. M M Srivastava, IAS as an additional director of the Company.
2008
2009
Torrent Power signs distribution franchisee agreement for Kanpur & Agra
2009
2010
Torrent Power Ltd has informed that the Board of Directors of the Company at its meeting held on January 28, 2010, appointed Shri. Keki Mistry as Additional Director.
2010
2011
The Board has recommended normal annual dividend Rs. 3.00 per equity share of Rs. 10/
each.
The Company has appointed Shri D. J. Pandian, IAS as an Additional Director.
2011
2012
The Board has recommended special dividend as final dividend of Rs. 3.50 (35%) per equity share of Rs. 10/- each.
Torrent Power gets CRISIL AA/Stable credit rating for Rs 550.
2012
2013
The Board has recommended dividend of Rs. 2.00 per equity share of Rs. 10/- each
2013
2014
The Board has recommended dividend of Rs. 0.50 per equity share of Rs. 10 each
Torrent Energy Ltd (TEL), a wholly owned subsidiary of Torrent Power Ltd has successfully completed the technical commissioning of nearly 1200 MW gas based DGEN Mega Power Project at Dahej SEZ, District Bharuch, Gujarat.
2014
2015
Torrent Power Launches First-Of-Its-Kind Mobile App
Torrent Power Launches Comprehensive Customer Service Portal
2015
2016
Torrent Power Ltd has entered into a contract with a leading wind turbine generator manufacturing group for development of the 197.40-MW project.
Torrent Power Ltd has forayed into an agreement with a leading wind turbine generator manufacturing firm for the purpose of developing 197.40 megawatt wind power project across 3 sites in Gujarat.
Tthe Company has filed the Certified Copy of Order of HonÂble High Court of Gujarat, sanctioning the Scheme of Arrangement which provides for the Transfer and vesting of the Solar Energy Undertaking as well as Wind Energy Undertaking of Torrent Solargen Limited by way of slump sale to Torrent Power Limited, with the Registrar of Companies, Gujarat, Dadra and Nagar Haveli at Ahmedabad on December 01, 2016 and accordingly the Scheme has become effective on December 01, 2016
2016
2018
Torrent Power biggest winner in wind projects auction
Torrent wins 124.4 MW in the Reverse E-Auction Process, held by Maharashtra State Electricity Distribution Company Ltd.
Torrent emerges as the biggest winner under the e-Reverse Aucon for wind projects
held by SECI (Tranche III)
2018
2019
The company has informed that Hon ble National Company Law Tribunal, Ahmedabad Bench, ( NCLT ) has sanctioned the Scheme of Arrangement between Torrent Power Limited ( TPL or the Company ) and TCL Cables Private Limited ( TCPL ), and their respective shareholders and creditors for transfer and vesting of Cable Business Undertaking of the Company to TCPL on a going concern basis by way of slump sale under Sections 230 to 232 and other applicable provisions of the Companies Act, 2013.
2019
2021
Torrent Power acquires 50 MW Solar Power Plant from Lightsource bp and UKCI
Torrent Power acquires 156 MW Wind Power Plants from CESC Limited
Torrent Power emerges as the highest Bidder for 51% privatization of Power Distribution Company in the UT of Dadra & Nagar Haveli and Daman & Diu
2021
2022
Torrent Power Limited has informed the Exchange about Acquisition of equity shares of Wind Two Renergy Private Limited from Inox Green Energy Services Limited.
Torrent Power acquires 50-MW solar plant for Rs 416 cr in Telangana.
Torrent Power Limited has informed the Exchange about execution of Share Purchase Agreement between Torrent Power Limited and SkyPower Southeast Asia.
Torrent Power Limited has informed the Exchange about Completion of Acquisition of Surya Vidyut Limited.
2022
2023
Company has entered into a share Purchase Agreement for acquisition of 100% Equity Share Capital of Airpower Windfarms Private Limited.
Company "commissioned 115MW Wind Power Project through its wholly owned subsidiary Torrent Solargen Limited in Devbhumi Dwarka District of Gujarat''.
Torrent Power signed MoU with Govt of Maharashtra for three Pumped Storage Hydro Projects of 5,700 MW capacity.
Award of turnkey work to Suzlon for a 300 MW Wind Power Project to be developed in Karnataka.
2023