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Sourced from BSE corporate announcements (equity segment). Companies covered are BSE-listed and most are also listed on NSE. We show only material filings.
Refex Renewables' subsidiary won a contract to build an 80 MW wind power plant in Andhra Pradesh from a government solar company.
🤖 AI Summary
Refex Green Power secures 80 MW wind project award from SECI.
Project located in Kurnool, Andhra Pradesh, with 25-year PPA.
Tariff set at Rs. 3.85 per kWh.
Commissioning target is 24 months from PPA effective date.
🔢 Key Numbers - exact figures from BSE filing, not rounded
Project Capacity
80 MW
Tariff
3.85/ kWh
PPA Period
25 years
Commissioning Timeline
24 months from Effective Date of PPA
🏢 How This Affects the Company
📈
Business Impact
This award signifies a significant addition to the company's renewable energy project pipeline, bolstering its operational capacity in wind power generation.
💰
Financial Impact
The project is expected to contribute to future revenue streams over the 25-year Power Purchase Agreement period at a defined tariff.
⚙️
Operational Impact
The company will need to mobilize resources for the construction and commissioning of the 80 MW project within the stipulated 24-month timeframe.
👥 What This Means For Shareholders
✅
Action Required
No immediate action is required from shareholders regarding this development.
👤
Who Is Affected
All shareholders are affected by this development which signals expansion in the company's renewable energy project portfolio.
🔍
Management Signal
This award demonstrates management's intent to actively pursue and secure large-scale renewable energy projects.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List - track these upcoming events
PPA signing and effective date confirmation.
Progress on project site acquisition and approvals.
Updates on project commissioning timeline adherence.
LOW RISKAward is from a GOI enterprise; significant risks are mitigated by PPA terms.
💡 Investor Takeaway
Refex Green Power received an 80 MW wind project award from SECI, entailing a 25-year PPA at Rs. 3.85/kWh, with commissioning within 24 months.
⚖️ Strengths & Concerns
✅ Positives
Award for an 80 MW wind power project from Solar Energy Corporation of India (SECI).
Secured a 25-year Power Purchase Agreement with a tariff of Rs. 3.85 per kWh.
❓ Frequently Asked Questions
What is the capacity of the wind power project awarded to Refex Renewables' subsidiary?
Refex Green Power Limited has received an award for an 80 MW Wind Power Project.
Who awarded the contract for the 80 MW wind power project?
The letter of award was received from Solar Energy Corporation of India Ltd. (A Government of India Enterprise).
What is the duration of the Power Purchase Agreement (PPA) for this project?
SECI shall enter into a Power Purchase Agreement (PPA) with RGPL for purchase of power for a period of 25 years.
What is the tariff for power purchase under the new contract?
The tariff awarded for the power purchase is Rs. 3.85 per kWh.
When is the wind power project expected to be commissioned?
The Scheduled Commissioning Date (SCD) shall be 24 months from the Effective Date of the PPA.
Questions based on this BSE filing only. For information purposes.
All BSE filings we have analysed for Refex Renewables & Infrastructure Ltd.
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⚠️ For Information Only - Not Investment Advice
ForgeUp Filings provides AI-generated summaries of public BSE exchange announcements (equity segment) for informational purposes only. Nothing here constitutes investment advice or a recommendation to buy, sell, or hold any security. ForgeUp is not a SEBI-registered investment advisor. All financial numbers are sourced directly from BSE filings and shown as-is. Past data is historical only. Please consult a qualified financial advisor before making investment decisions. Data sourced from BSE India public disclosures.
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