TORRENT POWER WILL INVEST RS 64,000 CRORE AT RE INVEST 2024
Torrent Power Limited, the integrated power utility of the diversified Torrent Group, has reaffirmed its steadfast commitment towards a green and sustainable future as it submitted two ‘Shapath Patras’ (pledges) to the Union ministry of new and renewable energy, government of India at the 4th edition of RE-Invest at Gandhinagar on Monday.
The company has pledged to achieve 10 Gigawatts (GW) of installed RE capacity by 2030, with an investment of Rs 57,000 crore. This initiative is expected to create employment for approximately 25,000 people. As part of this initiative, Torrent Power signed a Memorandum of Understanding (MoU) with the government of Gujarat for a 5 GW solar, wind, or hybrid energy project in Dwarka district.
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