Corporate Actions

Refex Green Power Limited secures 80-MW wind power project from Solar Energy Corporation of India Ltd

06-Aug-26   19:37 Hrs IST
Refex Renewables & Infrastructure Limited announced that its wholly-owned subsidiary, Refex Green Power Limited, has secured a letter of award from Solar Energy Corporation of India Ltd. for the development of an 80-MW wind power project in Kurnool, Andhra Pradesh. The project, awarded through bids invited by SECI on April 21, 2026, involves a Power Purchase Agreement (PPA) for 25 years with a tariff of Rs 3.85/kWh, and is scheduled for commissioning within 24 months from the PPA’s effective date. The company confirmed that no related parties have any interest in SECI beyond their shareholding in Refex Green Power Limited.

Attention Investors:

Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 1, 2020. || Update your mobile number & email Id with your stock broker/depository participant and receive OTP directly from depository on your email id and/or mobile number to create pledge. || Pay 20% upfront margin of the transaction value to trade in cash market segment. || Investors may please refer to the Exchange's Frequently Asked Questions (FAQs) issued vide circular reference NSE/INSP/45191 dated July 31, 2020 and NSE/INSP/45534 dated August 31, 2020 and other guidelines issued from time to time in this regard. || Check your Securities /MF/ Bonds in the consolidated account statement issued by NSDL/CDSL every month. || KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary. || No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.