Why torrent power What is the difference between franchise and licencee

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Torrent Power is a leading power company in India with a strong focus on customer satisfaction and sustainable growth.

Torrent Power has a proven track record of delivering reliable and affordable power to its customers.
The company has a strong presence in Gujarat and Maharashtra, with a total installed capacity of over 3,800 MW.
Torrent Power is committed to sustainable growth and has invested in renewable energy sources like wind and solar power.
Franchise refers to a business model where a company grants the right to use its brand name and business model to another party in exchange for a fee.
Licensee refers to a person or company that has been granted a license to use a particular product or technology.
The main difference between franchise and licensee is that a franchisee operates under the franchisor's brand name and business model, while a licensee operates under its own brand name and business model.
For example, McDonald's is a franchise, while Coca-Cola is a licensee.

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