Expanding Horizons. Deepening Trust.
Torrent Group
The Group’s governance philosophy has always emphasized people and society over everything else, more particularly in times of distress and stands committed to doing all that it can during the time of national crisis. Torrent Group announced its support of Rs. 100 crores to strengthen the Government’s efforts to fight the COVID-19 pandemic and its fallout on poorer sections of our society. This contribution was made to the PM-CARES Fund and for various initiatives such as providing essential medicines to various Govt. hospitals free of cost, contributions to State Government relief funds, contributions to NGOs doing grassroots work to address the issues arising from the COVID-19 pandemic, provision of PPEs to healthcare workers and our own direct efforts to contain the impact of the COVID-19 pandemic on the vulnerable sections of society. In addition to the above, Torrent Group ensured that its employees (including thousands of contract and construction workers working under our contractors) were paid full wages for the entire duration of the lockdown and the entire cost of the same was borne by the Group.
Be it finding a cure for fatal diseases or ambitious power generation projects; or setting new standards in transmission and distribution; breakthrough pharma discoveries; or setting up new milestones in EV charging infrastructure, city gas distribution network; green hydrogen initiatives; new-age pumped storage hydro projects; or 24X7 customer care initiatives - Torrent has a strong infrastructure in place to ensure that we are always at the centre of the movement towards a better life.
U N Mehta - Founder
Mr. Uttambhai Nathalal Mehta. Words alone will not suffice to describe the Founder- Chairman of the Torrent Group, who was a great businessman, a philanthropist and above all, a noble human being. For this moving spirit behind the Rs 41,000 Crore Torrent Group, the immense contribution to the corporate landscape of Gujarat was a culmination of years of grit, perseverance and hard work.
With his Gandhian approach to business management, he was a rare potent mix of empathy and benevolence that blurs the horizon between business and community service.
The journey of Mr. U. N. Mehta, from being a medical representative with Sandoz, back in the 1940s, to laying the foundation of a diversified conglomerate, is a long yet rewarding one. Understanding the pulse of the medical fraternity, he identified and realized the ways in which they could be served best. He pioneered the concept of niche marketing at a time when others focused on the masses.
Despite the initial failures and setbacks, he never let his morale down and persisted in his efforts. His philosophy in life was ‘It is pardonable to aim high and miss, but it is not pardonable to aim low.’
Mr. U. N. Mehta was one of those rare corporate leaders in Gujarat, who also understood the importance of having a good interface between business and community service. Perhaps that explains Mr. Mehta’s endeavours to establish and maintain robust relationship with the society.
Besides the Torrent Group, he is also the guiding force behind many institutions that works for the betterment of the society at large.
Conferred with numerous felicitations, including the ‘Business Man of the Year’ award in 1996-97, Mr. Mehta is a personality that is nothing short of inspirational.
Torrent Investments Private Ltd.
Torrent Investments Private Limited is the apex company of the Rs. 41,000 Crore Torrent Group. Synergising the Group activities, it spearheads the Group’s investments in different investee companies, which are managed by their respective Board of Directors and professional CEOs.
Besides monitoring and managing the Group’s investments, Torrent Investments Private Limited is also involved in promoting the corporate image of Torrent and provides specialized services to the Group.
The company acts as a catalyst and developer of new ventures by providing strategic, financial, corporate and managerial inputs to enhance the Group’s predominant position in healthcare and power.
For more information visit https://torrentinvestments.com
Torrent Power Ltd.
Torrent Power is one of the leading brands in the Indian Power sector, promoted by the Rs 41,000 Crore Torrent Group – committed to its mission of transforming life by serving two of the most critical needs - healthcare and power. It is an integrated power utility and is one of the largest private sector players in India having interests in power generation, transmission, distribution and manufacturing and supply of power cables.
Torrent Power foresaw the prospects in the power sector much before the liberalization, when it took-over and successfully turned around an ailing power cable company Mahendra Electricals, renaming it as ‘Torrent Cables Ltd.’ (Now known as Torrent Electricals Ltd.) The high points of Torrent’s foray into power however were the acquisitions of two of the India’s oldest utilities – The Surat Electricity Company Ltd and The Ahmedabad Electricity Company Ltd. Torrent Power turned them into first rate power utilities, in terms of operational efficiencies and reliability of power supply.
Torrent Power has a generation capacity of 4328 MW and distributes power to over 4.13 million customers in the cities of Ahmedabad, Gandhinagar, Surat, Dahej SEZ and Dholera SIR in Gujarat; Dadra & Nagar Haveli and Daman & Diu, Bhiwandi, Shil, Mumbra & Kalwa in Maharashtra and Agra in Uttar Pradesh.
For more information visit www.torrentpower.com
