VRPL, Refex Industries' subsidiary, secures ₹474.45 crore WTG supply order
The order value is substantial, but the execution is spread over two years, and it involves a subsidiary, thus a medium impact.
The announcement details a significant new order for the company's subsidiary, indicating potential revenue growth.
* Venwind Refex Power Limited (VRPL), a subsidiary of Refex Industries, has secured an order for the supply of Wind Turbine Generators (WTG) including Tubular Towers. * The order, valued at ₹474.45 crore, is from a leading Independent Power Producer for wind power projects in Gujarat. * The scope includes supply, testing, pre-commissioning, and commissioning of WTGs, along with technical assistance for foundation casting and erection. * The order is to be executed in two phases: ₹142.33 crore by March 2026 and ₹332.12 crore by March 2027.
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.