Torrent Power, a private sector integrated power utility, has introduced a new subsidiary, Torrent Green, which has formed another subsidiary named Torrent Urja 38 (TU38). TU38's primary objective is to delve into the hydrogen market by engaging in various activities related to hydrogen and its by-products like ammonia, chemicals, and compressed natural gas. The company will also focus on power generation, transmission, and distribution, including renewable and non-conventional energy sources. With an authorized share capital of Rs 5 lakh and a paid-up share capital of the same amount, Torrent Urja 38 is set to explore the realms of hydrogen and renewable energy. Despite operations not commencing yet, the company has received its certificate of incorporation. Torrent Power has witnessed a 32.19% surge in consolidated net profit and a 2.09% growth in revenue from operations in the third quarter of FY25, indicating a positive financial outlook. This move into the hydrogen market symbolizes Torrent Power's strategic shift towards sustainable energy practices and signifies a step towards embracing green and renewable energy solutions.