Refex Industries Subsidiary VRPL Secures 148 MW WTG Supply Order
Refex Industries subsidiary, VRPL, has signed a contract to supply Wind Turbine Generators (WTGs) for 148 MW wind power projects. The order is from a leading domestic Independent Power Producer and is expected to be executed by September 2026.
The order for 148 MW is a substantial amount and contributes to the company's revenue stream, but the exact financial value is not disclosed, limiting the immediate impact assessment.
The announcement details a significant new order for the company's subsidiary, indicating business growth and expansion.
Refex Industries Limited announced that its subsidiary, Venwind Refex Power Limited (VRPL), has secured a contract for the supply of Wind Turbine Generators (WTGs) for wind power projects totaling 148 MW.
The contract was awarded by a leading Independent Power Producer in India. The scope of the order includes the supply of WTGs for the project and related technical and supervisory assistance. The order is for a domestic entity and falls under the nature of design, procurement, manufacturing, assembly, packaging, loading, and supply of WTGs.
The execution of this order is scheduled to be completed by September 2026. The total value of the order is for the supply of WTGs for 148 MW capacity, to be set up in Tamil Nadu. Neither the promoter nor group companies have any interest in the entity that awarded the contract, and the contract does not fall within related party transactions.
What to do with a filing like this
Refex Industries Limited filed this with the NSE as a statutory disclosure, categorised under new orders. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by Refex Industries Limited. Read the original for the full detail.