Torrent Power (NSE:TORNTPOWER, BOM:532779) unit Torrent Green Energy has incorporated Torrent Urja 37 as its wholly-owned subsidiary, according to a Monday filing with the Indian bourses.
Torrent Urja 37 has been established to engage in the production, trade, and distribution of hydrogen, its byproducts, and derivatives such as ammonia and compressed natural gas, according to the filing.
The acquisition cost for the incorporation is 500,000 Indian rupees.
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