Legal6 Oct 2026, 11:59 am
Refex CBG Kolhapur dispute with Warana Sugar impacts operations
AI Summary
Refex Renewables & Infrastructure Ltd has reported a dispute involving its step-down subsidiary, Refex CBG Kolhapur Limited, and Warana Sugar Limited. Access to the Compressed Bio Gas (CBG) plant in Kolhapur has been restricted, and utility supplies (electricity and water) have been affected, severely impacting operations. Warana Sugar claims outstanding dues of ₹18,48,34,643/-, which Refex CBG Kolhapur disputes, stating they were settled during an acquisition in August 2025. Both parties have initiated legal proceedings. The financial implications are currently not quantifiable, and Refex Renewables is assessing the impact.
Key Highlights
- Dispute between Refex CBG Kolhapur and Warana Sugar over CBG plant operations.
- Access restricted and utilities cut, impacting plant operations.
- Warana Sugar claims ₹18.48 Cr dues; Refex CBG disputes settlement.
- Both companies have initiated legal proceedings.
- Financial impact is currently unquantifiable.
Price Impact
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