Torrent Power gets nod to raise up to Rs 10,000 crore through NCDs

Torrent Power has secured approval to raise up to Rs 10,000 crore through issuance of Non-Convertible Debentures (NCDs) in one or more tranches by way of Private Placement. The Board of Directors of the company in its meeting held on May 12, 2026 has considered and approved the same. Torrent Power is an integrated utility engaged in the business of power generation, transmission and distribution with operations in the states of Gujarat, Maharashtra and Uttar Pradesh.