Torrent Power Limited (NSEI:TORNTPOWER) is looking for acquisition opportunities. The Company executive said during the Fourth Quarter Fiscal Year '24 Earnings Conference Call, "Net right now with renewable pipeline, I think, we are well capitalized for funding those projects. Additionally, in pump storage or in green hydrogen, if additional opportunities come in, and we decide to do financial investment in those.

At that point in time, considering the balance sheet and the cash flow, we'll have to really look at it whether it makes sense to raise equity at that point in time first. On the second part, we are also looking at a lot of acquisition opportunities. If some good opportunity is available and whether it is a larger one.

At that point in time, it becomes operationally very difficult for you to go and take approvals. So that's why these enabling resolutions are being taken".