Top 10 Power Companies in India 2016

Posted in Top Brand Lists, Total Reads: 330
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9. Torrent Power

Torrent Power by Torrent group is one of the biggest power companies in India .


Image: company website

Torrent group is valuated at Rs.13116 crore and is committed to its service in the field of healthcare and power. Torrent group is a major player in pharmaceutical industry, and is one of the leading power companies in India.

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Torrent Power has huge experience in transmission and distribution of power and has been a frontrunner in implementing several large projects in Gujarat. The company began its operations in 1989 after the group took over a power company and turned around its operations. Later the company was successful in leading two acquisitions of Surat Electricity Ltd and The Ahmedabad Electricity Company Ltd. Torrent turned around their operations and made them profitable, operationally efficient and reliable in power supply. Torrent has total installed capacity of 3200 MW and distributes power close to 3 million customers every year. The company also had implemented a gas based project in South Gujarat with a capacity of 1200 MW.

The company has established reputation in distribution business and has expanded aggressively. They have also entered into the MOU with Maharashtra State Electricity Distribution Company limited and it has been awarded franchise for distribution in Kanpur and Agra. Torrent Power has an aggregate capacity of 1697 MW including a wind plant, Gas based mega power plant, coal based thermal power station and gas based power plant. The power plant employs a unique mix of coal and gas and uses contemporary power generation technologies to ensures high thermal efficiency.

Total Assets (INR Cr) = 19595.61

Total Revenue (INR Cr) = 11687.21

Profit (INR Cr) = 865.5