The note reports a 300 MW wind PPA with SECI has been terminated, obliging Torrent Power to pay Rs 39.78 crore in liquidated damages.
Read this note →Torrent Power Limited
NSE TORNTPOWER BSE 532779 INE813H01021
0 filings · 0 analysed
1,236.00
-4.50%
over 1 year
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The note reports a 300 MW wind PPA with SECI has been terminated, obliging Torrent Power to pay Rs 39.78 crore in liquidated damages.
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The report initiates coverage on Torrent Power with a Neutral rating at CMP INR 1220, describing its generation, transmission and distribution business and RE expansion plans, while noting a 'View: Positive' comment despite the Neutral rating label.
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What the desks said
The report initiates coverage on Torrent Power with a Neutral rating at CMP INR 1220, describing its generation, transmission and distribution business and RE expansion plans, while noting a 'View: Positive' comment despite the Neutral rating label.
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