StockWatch
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Civil Construction
Award6 Aug 2026, 06:40 pm

Refex Renewables Subsidiary Wins 80MW Wind Project Award

AI Summary

Refex Green Power Limited, a wholly-owned subsidiary of Refex Renewables & Infrastructure Ltd, has received a Letter of Award from Solar Energy Corporation of India Ltd. (SECI) for setting up an 80 MW Wind Power Project in Kurnool, Andhra Pradesh. The project involves a 25-year Power Purchase Agreement (PPA) with SECI at a tariff of ₹3.85 per kWh. The project is expected to be commissioned within 24 months from the Effective Date of the PPA. This award signifies a significant step in the company's renewable energy expansion.

Key Highlights

  • Subsidiary awarded 80 MW wind power project by SECI.
  • Project located in Kurnool, Andhra Pradesh.
  • 25-year Power Purchase Agreement at ₹3.85/kWh.
  • Commissioning expected within 24 months of PPA effective date.
  • Enhances company's renewable energy portfolio.