Torrent Power Takes 51% Stake in D&N Haveli, Daman and Diu Discoms

Saur Energy | Feb 22, 2021 at 8:03 AM
  • The bidding for the Distribution Business of the UT had been undertaken as part of the Government of India’s initiative to privatise distribution utilities of Union Territories to usher in efficiency.
  • Beating ReNew Power Ventures and Adani Group.
  • With the addition of Dadra & Nagar Haveli (including Silvasa) and Daman & Diu, Torrent will distribute nearly 25 billion units to over 3.8 million customers and cater to a peak demand of over 5000 MW.