Torrent Power Limited (TPL) has acquired 100 % equity shares of Torrent Urja 47 Private Limited (TU47) for a cash consideration of Rs 5,00,000. The transaction was completed on March 27, 2026.
TPL stated that the acquisition supports its plan to evaluate and pursue opportunities in thermal power generation. The company is assessing proposals to acquire thermal power plants, either directly or through subsidiaries, to create a separate thermal business vertical.
