Latest News | Torrent Green Energy Incorporates Arm Torrent Urja 28

New Delhi, Jan 22 (PTI) Torrent Power on Wednesday said its arm Torrent Green Energy Private Ltd (TGEPL) has incorporated wholly-owned subsidiary Torrent Urja 28 (TU28).

TGEPL received the Certificate of Incorporation of TU28 issued by the Ministry of Corporate Affairs, according to a regulatory filing.

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TU28 is a wholly-owned subsidiary of TGEPL, which is also a wholly-owned subsidiary of parent firm Torrent Power.

The cost of acquisition or the price at which shares are acquired is Rs 5,00,000 (50,000 equity shares of Rs 10).

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TU28, registered with the Registrar of Companies at Ahmedabad, Gujarat, is yet to commence its business operations.

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